PORTFOLIOCARE eWRAP SUPER/PENSION...Super/Pension product(i) plus 0.1045%pa And, other costs of $550 each year will be deducted from your investment. Plus Other costs for the investment

PORTFOLIOCARE®

eWRAPSUPER/PENSIONProduct Disclosure Statement

YOU SHOULD ALSO READ PORTFOLIOCARE eWRAP – INVESTMENT OPTIONS DOCUMENTISSUED 30 SEPTEMBER 2018

® Registered trademark of Hillross Financial Services Ltd ABN 77 003 323 055

This is a supplementary product disclosure statement (SPDS) to the PortfolioCare eWRAP – Super/Pension productdisclosure statement (PDS) dated 30 September 2017. This SPDS replaces the SPDS's dated 1 April 2020 and 13December 2020 and should be read together with this document.

This SPDS:

A. contains information on the transfer from "The Retirement Plan" to the "Wealth Personal Superannuation andPension Fund".

B. Contains information on:

– the type of contributions that can be made to your account, – changes to the Administration and trustee fees, which come into effect on 1 April 2021 and – the removal of the Exit fee row in the At a glance table.

C. contains information on the Eligible investment selection and Removing and closing investment options.

D. contains a new section about Investment manager risk.

E. contains updated information to the:

– preamble, – Fees and cost table, which comes into effect on 1 April 2021, – Adviser remuneration, – Examples of annual fees and costs, which comes into effect on 1 April 2021 and– Defined fees section.

F. contains changes to applying for insurance cover.

G. provides updated information on the insurance premiums and fees deducted from your account in the eventwe are notified of your death.

H. contains changes to the Complaints process.

A.

Transfer from 'The Retirement Plan" to the "Wealth Personal Superannuation and Pension Fund"

On 30 June 2018, all members of The Retirement Plan were transferred to the Wealth Personal Superannuationand Pension Fund pursuant to a successor fund transfer. There will be no changes to the fees you are chargedor the day-to-day operation of your product as a result of this transfer.

From 30 June 2018:

All references in the PDS to the Trustee of The Retirement Plan are replaced as per the table below:

TO BE REPLACED WITHREFERENCES TO THE FOLLOWING:

Wealth Personal Superannuation and Pension FundABN 92 381 911 598.

The Retirement Plan ABN 40 236 806 679

All references in the PDS to the Unique Superannuation Identifier (USI) are replaced as per the table below:

Issue date: 22 March 2021

® Registered trademark of Hillross Financial Services Ltd ABN 77 003 323 055

PortfolioCare eWRAP - Super/Pension is part of the Wealth Personal Superannuation and Pension Fund. The issuer of this SPDS and the Trustee

of the Wealth Personal Superannuation and Pension Fund ABN 92 381 911 598 is N.M. Superannuation Proprietary Limited ABN 31 008 428 322

AFSL No. 234654.

The information provided in this SPDS is general information only and does not take into account your individual objectives, financial situation

or needs. Before acting on the information, you should consider the appropriateness of this information having regard to your individual objectives,

financial situation and needs and consult a financial adviser.

PORTFOLIOCARE® eWRAPSUPER/PENSIONSUPPLEMENTARY PRODUCT DISCLOSURE STATEMENT


Super: 92381911598007Super: 40236806679004

Pension: 92381911598006Pension: 40236806679003

All references in the PDS to the Registrable Superannuation Entity (RSE) are replaced as per the table below:


R1071481R1055610

B.

PDS page reference: 4PDS title reference: AT A GLANCEInstructions: Effective 1 April 2021, replace the Managed investments and listed securities minimum balancerow in the At a glance section so that it reads:

PensionSuperGeneral Features

Managed investments and listed securities have no minimumbalance requirements. However, a minimum monthlyadministration fee of $31.74 applies to accounts with a balanceof less than $56,000.

Managed investments and listed securities minimum balance

PDS page reference: 4PDS title reference: AT A GLANCEInstructions: Replace the Contribution types row in the At a glance section to add downsizer contributionsso that it reads:

PensionSuperContributions and withdrawals

Rollovers.Contribution types – Rollovers.– Concessional contributions.– Non-concessional contributions (including spouse

contributions).– Transfers.– Downsizer contributions.

PDS page reference: 5PDS title reference: AT A GLANCEInstructions: Effective 1 April 2021, replace the Administration fees and trustee fee rows in the At a glancesection so that it reads:

Fees1,2

Fee % paAmount investedAdministration fee

0.6800First $100,0003Calculated on your account balance,excluding amounts in your Cash Account.

0.4250Next $150,000

0.1250Next $500,000

0.0200Next $750,000

0.000Next $1,500,000

FeeAmount invested Trustee fee

0.1000% paFirst $1,500,000Calculated on your account balance,excluding amounts in your Cash Account.

2

Fees1,2

Fee % paAmount investedAdministration fee

NilOver $1,500,000

1. All fees shown include GST and are net of any reduced input tax credit (RITC), unless otherwise stated.

2. Refer to pages 24 to 31 for further details of fees and costs that may apply.

3. A minimum monthly administration fee of $31.74 applies to accounts with a balance of less than $56,000.

PDS page reference: 6PDS title reference: AT A GLANCEInstructions: Remove the Exit fee row in the At a glance section

C.

Page reference: 21PDS title reference: HOW WE SELECT INVESTMENT OPTIONSInstructions: Add the following wording immediately after this section.

ELIGIBLE INVESTMENT SELECTION PROCESS

The investment menu offers access to a range of investment options – refer to the PortfolioCare eWRAPSuper/Pension investment options document for available options.

The investment options are subject to ongoing review and due diligence. This is performed against a numberof investment and client related criteria as well as risk considerations. These are aimed at assessing the ongoingsuitability of the option for clients, and include but are not limited to factors relating to the fund manager(investment process, resourcing and support, implementation, and performance), and others specific to theinvestment options such as relative risk, costs and tax, market risk, liquidity risk, operational risk and credit risk.

All investment options are subject to the same review criteria, including investment options offered by relatedparties. From time to time, we'll add or remove investment options based upon the above investment, client andrisk considerations. We recommend you consult your financial adviser before selecting the specific investmentoptions for your investment strategy. NM Super is not responsible for the performance of underlying investmentoptions.

For more information on the investment options available, refer to the PortfolioCare eWRAPSuper/Pension investment options document on amp.com.au/portfoliocare or contact the Customer RelationsTeam on 1800 646 234.

REMOVING OR CLOSING INVESTMENT OPTIONS

We may, from time to time, redeem or close certain investment options where the underlying investment iseither terminating or being closed by the fund manager. We may also decide to redeem (terminate) or closecertain investment options as part of our ongoing review and due diligence (refer to Eligible investment selectionprocess within the same section above).

Where this occurs, we will normally provide you with at least 30 days’ prior notice. Prior to receiving any newinstructions for terminated investments, we will invest the proceeds of the redemptions in your cash account.Where we cannot provide you with at least 30 days’ prior notice (due to circumstances outside of our control orin circumstances where we believe that there is immediate investment risk), we will provide you with notice assoon as practicable.

3

D.

Page reference: 22PDS title reference: THE RISKS OF INVESTING IN SUPERANNUATION AND PENSIONSInstructions: Insert the below Investment manager risk information after the section Investment risk.

INVESTMENT MANAGER RISK

Investment manager risk is the risk that a particular investment manager will under-perform its stated objectives,peers or benchmarks. The performance of your managed funds is partly dependent on the performance of theinvestment managers, who may not achieve their investment objective. Changes in staff within the investmentmanagement team may also affect performance.

The degree of success of an investment manager’s strategies and methodologies can vary according to economicand other conditions. We reserve the right to change investment managers, change the investment optionsoffered by them, introduce new investment options or cease to offer investment options. In some cases this maymean that your investments may have to be sold. If this occurs, there is a risk that you may incur losses (includingtaxes and transaction costs), or miss out on potential gains.

E.

PDS page reference: 24 and 25PDS title reference: FEES AND OTHER COSTSInstructions: Replace the preamble so that it reads:

This document shows fees and other costs that you may be charged. These fees and other costs may be deductedfrom your money, from the returns on your investment, or from the assets of the superannuation entity as awhole.

Other fees, such as activity fees, advice fees for personal advice and insurance fees, may also be charged, butthese will depend on the nature of the activity, advice or insurance chosen by you. Entry fees and exit fees cannotbe charged.

Taxes, insurance fees and other costs relating to insurance are set out in another part of this document.

You should read all of the information about fees and other costs because it is important to understand theirimpact on your investment.

The fees and costs for each investment option offered by the entity are set out in the underlying investmentoption's PDS.

PDS page reference: 24 and 25PDS title reference: FEES AND OTHER COSTSInstructions: Effective 1 April 2021, replace the table of fees and costs so that it reads:

PortfolioCare eWRAP – Super/Pension

How and when paidAmountType of fee

Not applicable.Nil.Investment fee1

The administration fee2 is deducted from your CashAccount at the start of each month and is calculatedbased on the balance of your account at the end of theprevious month excluding amounts in your CashAccount.

Administration fee1 % paAccount balance

0.6800First $100,000

0.4250Next $150,000

0.1250Next $500,000Where your account is opened during the month,the administration fee charged to your account will bepro-rated based on the number of days your accountwas open in that month.

0.0200Next $750,000

0.0000Over $1,500,000

For accounts with an account balance ofless than $56,000, a minimumadministration fee of $31.74 per monthapplies.

4



The trustee fee2 is deducted from your Cash Accountat the start of each month and is calculated based onthe balance of your account at the end of the previousmonth excluding amounts in your Cash Account.

Plus 0.1000% pa for amounts under$1,500,000.

Where your account is opened during the month, thetrustee fee charged to your account will be pro-ratedbased on the number of days your account was open inthat month.

NilOver $1,500,000

Not applicable.Nil. However, underlying buy/sell

costs3.may apply.

Buy–sell spread

Not applicable.Nil. However, underlying buy/sell

costs3may apply.

Switching fee

Not applicable.Nil.Advice fees relating to allmembers investing in aparticular investmentoption

Brokerage fees are deducted from your Cash Accountat the time the trade is settled. In relation to trades over$30,000, the value of the trade will be determined atsettlement.

For each listed security trade accordingto the value of the trade:

Other fees and costs4

– $30,000 or less – $25.– More than $30,000 – 0.1025% of the

value of the trade.

Deducted from your Cash Account (if applicable), inaccordance with the terms of the insurance policy.

Plus insurance fees will apply if youhave insurance cover.

Deducted from your Cash Account as agreed betweenyou and your financial adviser.

Plus adviser fees as agreed between youand your financial adviser.

Not applicable. Nil. However underlying management

costs3 may apply. Indirect cost ratio1

1. If your account balance for a product offered by the superannuation entity is less than $6,000 at the end of 30 June each year, the total combined

amount of administration fees, investment fees and indirect costs charged to you is capped at 3% (after the benefit of any tax deduction passed

on to you) of the account balance. Any amount charged in excess of that cap must be refunded.

2. Refer to administration fees on page 26 for more information.

3. Refer to underlying fees and costs of investment options on page 27 for more information.

4. Refer to other fees and costs on page 26 for more information.

Page reference: 26PDS title reference: TRUSTEE FEEInstructions: Effective 1 April 2021, replace Trustee fee section with the following so that it reads:

This fee is for our services in overseeing your account's operations and providing access to youraccount's investment options. It is applied to the balance of managed investments, fixed term deposits andlisted securities in your account for amounts under $1.5 million. Money in your Cash Account is excludedwhen calculating this fee.

5

Page reference: 26PDS title reference: ADVISER REMUNERATIONInstructions: Replace the section with the following.

The fees paid to your financial adviser are agreed to between you and your financial adviser and will be anadditional cost to your account.

Before we will pay any fees to your adviser, we will need to receive consent from you including informationabout the advice services you are entitled to receive under the fee agreement and the fee amount.

You will need to provide your written consent annually. You can wthdraw your consent at anytime and no feeswill be paid following this.

One-off adviser fees

You may choose to pay your financial adviser a one-off flat dollar fee up to a maximum of $5,500 (incl. GST)per member (across Super and Pension accounts) as a cumulative total of each 'one-off' fee over a rolling 5-yearperiod. This is based on the members total balance as at the date of the advice fee deduction. Unless you specifya fee, it won’t be charged.

Ongoing adviser fees

You may also choose to pay your financial adviser a regular, ongoing amount, paid monthly in arrears. Thiscan be:

– a flat dollar amount– a flat percentage between 0% and 2.2% pa (including GST) of the total account balance at the end of

each month, or– a sliding scale based on the value of your total account balance.

Fee caps may be applied to the combined balance of super and pension accounts. Advisers may submit a requestto the trustee to charge amounts above the fees caps for balances $50,000 and over. Advice fees must only beused for advice in respect of your super and/or pension account.

PDS page reference: 28PDS title reference: EXAMPLE OF ANNUAL FEES AND COSTSInstructions: Effective 1 April 2021, replace Example with the following:

Balance of $50,000Example- PortfolioCare eWRAP – Super/Pension

For every $50,000 you have in the superannuation product,you will be charged $0 each year.

NilInvestment fees

And, you will be charged $430.80 in administration fees.1$380.80 ($31.74 permonth)

Plus Administration fees

plus0.1000%pa

And, indirect costs of $0 each year will be deducted fromyour investment.

0.00%paPlus Indirect costs for thesuperannuation product

If your balance was $50,000, then for that year you will becharged fees of $430.80 for the superannuation product.

Equals Cost of product2

1. This amount comprises the administration fee and the trustee fee. As your account balance increases, the total administration fee you pay as

a percentage of your account balance will decrease due to the tiered administration fee structure. In this example, as the balance is less than

$56,000, the minimum administration fee of $31.74 per month applies.

2. Additional fees and costs may apply, including adviser fees as agreed with your financial adviser and underlying fees and costs for investment

options - refer to the additional examples of total annual fees and costs on page 29.

PDS page reference: 29PDS title reference: ADDITIONAL EXAMPLES OF TOTAL ANNUAL FEES AND COSTSInstructions: Effective 1 April 2021, replace Examples with the following:

6

Example 1 - Managed fund

Balance of $50,000Example – Experts’ Choice Balanced investment option

For every $50,000 you have in the superannuation product,you will be charged $430.80 each year.

$380.80 ($31.74 permonth), plus

Cost of PortfolioCare eWRAP –

Super/Pension product1

0.1000%pa

And, other costs of $600 each year will be deducted fromyourinvestment.

1.10%paPlus Other costs for the investment

option2

If your balance was $50,000, then for that year you willbe charged total fees and costs of $1,030.80 for holdingthe Experts' Choice Balanced investment option.

Equals Total fees and costs3




2. This amount comprises estimates of the management, transactional and operational costs for the Experts' Choice Balanced investment option

based on last financial year.

3. Additional fees and costs may apply, including adviser fees as agreed with your financial adviser. And, a buy/sell cost of 0.35% applies

whenever you invest in the Experts' Choice Balanced investment option (this will equal $17.50 for every $5,000 you invest).

Example 2 - Term deposit

Balance of $50,000Example – St George Term Deposit


$380.80 ($31.74 permonth), plus



0.1000%pa

And, other costs of $0 each year will be deducted from yourinvestment.

NilPlus Other costs for the investment

option2

If your balance was $50,000, then for that year you will becharged total fees and costs of $430.80 for holding a StGeorge Term Deposit.





2. There are no underlying fees and costs for Term Deposits.

3. Additional fees and costs may apply, including adviser fees as agreed with your financial adviser. Buy/Sell costs do not apply to Term Deposits.

Example 3 - Listed securities

Balance of $50,000Example – Listed shares in the S&P/ASX 300 index


$380.80 ($31.74 permonth), plus



0.1000%pa

And, other costs of $0 each year will be deducted fromyour investment.

NilPlus Other costs for the investment

option2

If your balance was $50,000, then for that year you will becharged total fees and costs of $430.80 for holding listedshares in the S&P/ASX 300 index.





2. There are no underlying fees and costs for listed shares, however underlying management, transactional and operational costs may apply for

AREITs, ETFs, LICs and LITs.

3. Additional fees and costs may apply, including adviser fees as agreed with your financial adviser. And, a brokerage fee will apply whenever

you trade listed securities (this will equal $25 for every $5000 you invest in a single trade).

7

PDS page reference: 31PDS title reference: DEFINED FEESInstructions: Replace all the Defined fees wording with the following table so that it reads:

DefinitionFee

A fee is an activity fee if:Activity fee– the fee relates to costs incurred by the trustee of the superannuation entity that are directly related

to an activity of the trustee:– that is engaged in at the request, or with the consent, of a member; or– that relates to a member and is required by law; and

– those costs are not otherwise charged as an administration fee, an investment fee, a buy-sell spread,a switching fee, an advice fee or an insurance fee.

An administration fee is a fee that relates to the administration or operation of the superannuationentity and includes costs that relate to that administration or operation, other than:

Administration fee

– borrowing costs; and– indirect costs that are not paid out of the superannuation entity that the trustee has elected in

writing will be treated as indirect costs and not fees, incurred by the trustee of the entity or in aninterposed vehicle or derivative financial product; and

– costs that are otherwise charged as an investment fee, a buy-sell spread, a switching fee, an activityfee, an advice fee or an insurance fee.

A fee is an advice fee if:Advice fee– the fee relates directly to costs incurred by the trustee of the superannuation entity because of the

provision of financial product advice to a member by:– a trustee of the entity; or– another person acting as an employee of, or under an arrangement with, the trustee of the

entity; and

– those costs are not otherwise charged as an administration fee, an investment fee, a switching fee,an activity fee or an insurance fee.

A buy-sell spread is a fee to recover transaction costs incurred by the trustee of the superannuationentity in relation to the sale and purchase of assets of the entity.

Buy-sell spread

An exit fee is a fee, other than a buy-sell spread, that relates to the disposal of all or part of a member’sinterests in a superannuation entity.

Exit fee

The indirect cost ratio (ICR), for a MySuper product or an investment option offered by a superannuationentity, is the ratio of the total of the indirect costs for the MySuper product or investment option, to thetotal average net assets of the superannuation entity attributed to the MySuper product or investmentoption.

Indirect cost ratio

Note: A dollar-based fee deducted directly from a member's account is not included in the ICR.

An insurance fee is a fee that relates to insurance premiums and costs incurred in providing insurance.Insurance fee

An investment fee is a fee that relates to the investment of the assets of a superannuation entity andincludes:

Investment fee

1. fees in payment for the exercise of care and expertise in the investment of those assets (includingperformance fees); and

2. costs that relate to the investments of assets of the entity, other than:i. borrowing costs; andii. indirect costs that are not paid out of the superannuation entity that the trustee has elected in

writing will be treated as indirect costs and not fees, incurred by the trustee of the entity or inan interposed vehicle or derivative financial product; and

iii.costs that are otherwise charged as an administration fee, a buy/sell spread, a switching fee,an activity fee, an advice fee or an insurance fee.

A switching fee is a fee to recover the costs of switching all or part of a member’s interest in thesuperannuation entity from one investment option or product in the entity to another.

Switching fee

8

F.

PDS page reference: 32PDS title reference: YOUR INSURANCE OPTIONS Instructions: Replace Applying for insurance cover with the following to read:

APPLYING FOR INSURANCE COVER

For most people, insurance is an important part of any financial plan. Without insurance you and your familymay not be able to continue the lifestyle that you have worked hard to achieve. PortfolioCare eWRAP gives youthe option of applying for insurance from a number of insurers as part of your account. You can choose:

– Life insurance– Total and permanent disability insurance– Income insurance

Insurance cover is provided under the insurance policy issued by AIA and held by the Trustee being the AIAPriority Protection for Platform Investors (PPI) Insurance.

To apply for insurance cover you will need to obtain the applicable AIA Priority Protection for Platform Investors(PPI) Insurance PDS from your financial adviser. You should consider the insurer's PDS before deciding to acquireinsurance. Your insurance can only be provided through your PortfolioCare eWRAP Super account if yourapplication is accepted by the insurer. On application for cover, the form has a provision to allow you to provideus with an election that you want to take out or maintain the insurance even if your account is, or becomesinactive (i.e. doesn't receive a contribution or rollover for 16 months), has a balance below $6,000 or you areunder age 25.

If you’re accepted for cover, we’ll deduct your insurance premiums from your PortfolioCare eWRAP Super cashaccount.

Payments of any super benefits are subject to you satisfying a condition of release under superannuation law.Any Life or TPD benefits that become payable from your insurance cover will be paid into your cash accountprior to being released by the Trustee. Any Income insurance benefits will be paid to you directly by the Insureron the Trustee’s behalf.

For information on the insurance cover available refer to the AIA Priority Protection for Platform Investors(PPI)Insurance PDS or speak to your financial adviser.

G.

PDS page reference: 33PDS title reference: WHAT HAPPENS TO YOUR INVESTMENTS?Instructions: Add the following wording immediately after this section.

WHAT HAPPENS TO INSURANCE PREMIUMS AND ADVISER FEES UPON DEATH?

Once we are notified of your death, all Insurance Premiums and Adviser Service Fee deductions will cease andwill be reversed back to the date of death.

Product Administration and Investment Management Fees will continue whilst your account remains open andare charged in accordance with the PDS.

9

H.

PDS page reference:39PDS title reference: MAKING AN ENQUIRY OR COMPLAINTInstructions: Replace the section with the following.

MAKING AN ENQUIRY OR COMPLAINT

If you need any additional information about the operation or management of your account, or if you have aconcern or complaint, then please contact:

– your financial adviser– call the Customer Relations team on 1800 004 594– email us at [email protected], or– write to us at:

PortfolioCareThe Complaints OfficerPO Box 7229Perth Cloisters Square WA 6000

Our customer service officers are available to answer your enquiries and respond to your complaints. We willtry to resolve your enquiry or complaint as quickly as possible. To help us do this, please give us as muchinformation as possible about your complaint, including your name and account number.

We have established procedures to deal with any complaints. If you make a complaint, we will:

– acknowledge its receipt and ensure an appropriate person properly considers the complaint, and– respond to you as soon as we can.

If your complaint cannot be resolved at first contact, then we will keep you advised at regular intervals of thestatus of your complaint.

If we cannot resolve your complaint to your satisfaction or you have not had a response from us within 90 days,then you may have the right to lodge a complaint with the Australian Financial Complaints Authority (AFCA).

AFCA will provide fair and independent financial services complaint resolution that is free to consumers andwill accept customer complaints.

Contact details for AFCA are:

Web: afca.org.auEmail: [email protected]: 1800 931 678 (free call)Mail: GPO Box 3, Melbourne VIC 3001

PortfolioCare

Customer Relations Team

PO Box 7229

Cloisters Square WA 6000

Telephone: 1800 004 594

10

2678

2 03

/21

IMPORTANT INFORMATION

PortfolioCare eWRAP – Super/Pension is part of TheRetirement Plan (the Fund). The Trustee of the Fund andissuer of this Product Disclosure Statement (PDS) is N.M.Superannuation Proprietary Limited (NM Super)(ABN 31008 428 322), a member of the AMP group.

The Trustee is an RSE Licensee under the SuperannuationIndustry (Supervision) Act 1993 (SIS), which means thatwe have satisfied licensing conditions set by theAustralian Prudential Regulation Authority (APRA). TheTrustee is responsible for the monitoring andmanagement of the Fund for the benefit of all membersin accordance with the governing rules of the Fund andrelevant legislation.

Unique Superannuation Identifier(USI)Super: 40236806679004Pension: 40236806679003

PortfolioCare eWRAP –Super/Pension

The Retirement PlanAustralian Business Number (ABN)40 236 806 679

The Fund

NM Super, ABN 31 008 428 322,Australian Financial Services Licence(AFSL) No. 234654

Trustee

Asgard Capital Management Limited(Asgard), ABN 92 009 279 592,AFSL No. 240695, a subsidiary ofWestpac Banking Corporation(Westpac),ABN 33 007 457 141, AFSL No. 233714

Administratorand custodian

AIA Australia Limited (AIA Australia)ABN 79 004 837 861, AFSL No. 230043

Insurer

ABOUT THIS PDS

The information contained in this PDS is generalinformation only and does not take into account yourindividual objectives, financial situation or needs. Beforeacting on the information in this PDS, you shouldconsider the appropriateness of this information havingregard to your individual objectives, financial situationor needs and consult a financial adviser.

The PortfolioCare eWRAP – Super/Pension PDS containsgeneral information about PortfolioCare eWRAPSuper/Pension. You will also find information on themanaged investments available through PortfolioCareeWRAP Super/Pension in the Investment Optionsdocument, which is not part of the PDS.

Before you make a decision to invest in PortfolioCareeWRAP – Super/Pension, including the investmentoptions offered through PortfolioCare eWRAP – Super/Pension, you should read the PortfolioCare eWRAP –Super/Pension PDS, Investment Options document, andthe relevant disclosure documents for your choseninvestments (where applicable). You can obtainup-to-date versions of these disclosure documents at noextra cost on request by contacting your financialadviser.

An investment in the investment options offered throughPortfolioCare eWRAP – Super/Pension is subject toinvestment risk, including possible delays in repayment,and loss of income and capital invested. Neither NMSuper, any other member of the AMP group, Asgard, northe investment managers, fund managers or any memberof the Westpac group guarantees the repayment ofcapital, payment of income or the performance of theinvestment options.

Apart from any interest investors may have in underlyingbank accounts held at St. George and/or Westpac throughtheir Cash Account, in other Westpac deposit products,or in Westpac securities acquired using PortfolioCareeWRAP – Super/Pension, an investment in or acquiredusing PortfolioCare eWRAP – Super/Pension is not aninvestment in, deposit with or any other liability ofWestpac or any other company in the Westpac group, orof NM Super, AMP Bank Limited ABN 15 081 596 009,AFSL No. 234517 (AMP Bank), any other member of theAMP group or any of the investment managers. NM Superis not a bank. Neither AMP Bank nor Westpac standsbehind the Trustee.

AMP companies receive fees and charges in relation toPortfolioCare eWRAP – Super/Pension as outlined in thePDS. AMP employees and directors receive salaries and/or benefits from the AMP group.

Asgard, Westpac, St. George Bank and any othercompanies in the Westpac group, any companies in theAMP group, and any other company that we use havegiven and have not withdrawn their consent to thestatements in relation to themselves (including theirnames) being included in the PDS in the form and contextin which they appear.

If you have received this document electronically, wewill provide a printed copy at no extra cost upon yourrequest. This document should not be construed as anoffer to invest in PortfolioCare eWRAP – Super/Pensionin any jurisdiction other than Australia. This offer is onlyavailable to persons receiving the PDS within Australia.We cannot accept cash or applications signed and mailedfrom outside of Australia. Monies must always be paidin Australian dollars.

We reserve the right to change this PDS subject toregulatory requirements. If we make an increase to feeswe will give you written notice at least 30 days beforethe change takes effect. We may accept or refuse (withoutreason) any application.

ABOUT THIS DOCUMENT

This PDS is issued by NM Super, a member of the AMPgroup.

Asgard makes no statement in this PDS and has notauthorised or caused the issue of it.

CHANGES TO THE PDS

Information in the PDS may change from time to time.

If the change is not materially adverse to you, we maypublish an update online at investoronline.info. You canalso order a printed copy free of charge by contactingyour adviser or calling our Customer Relations team on1800 004 594.

DO YOU HAVE THE ADDITIONALINFORMATION BOOKLET?

This PDS covers the key features and benefits ofPortfolioCare eWRAP – Super/Pension. But you can find more detailed information on a number of topics in the Additional information booklet available at amp.com.au/portfoliocare, or on request at no extra charge by contacting your financial adviser or the Customer Relations team on 1800 004 594. You should obtain and read an up-to-date copy of the PDS and Investment Options document, the relevant disclosure documents for your chosen investments (where applicable), and the Additional information booklet before you make a decision to invest throughPortfolioCare eWRAP – Super/Pension.

THROUGHOUT THIS PDS

To be read asReferencesto

A member of PortfolioCare eWRAP –Super/Pension, and anyone you authoriseto act on your behalf.

Memberor you

The value of the underlying investmentsheld by the Trustee on the member’sbehalf.

Accountbalance

A financial adviser holding an AFSL oracting as an authorised representativeof a licensee.

Financialadviser

AMP Limited, ABN 49 079 354 519, andits subsidiary companies.

AMPgroup

NM Super, as Trustee of the Fund, orAsgard as the administrator and

Our, weor us

custodian, acting solely in its capacityas agent of the Trustee, as the contextrequires.

PortfolioCare eWRAP Investment Optionsdocument which lists the investment

InvestmentOptionsdocument options available through PortfolioCare

eWRAP – Super/Pension.

i Simply look for this symbol to find out which topicshave extra information available.

Simply look for this symbol for online information.

This PDS is issued 30 September 2017.

CONTENTS

4AT A GLANCE

7WELCOME TO PORTFOLIOCARE eWRAP –SUPER/PENSION

10GETTING STARTED

12MAKING CONTRIBUTIONS

15ACCESSING YOUR MONEY

17MANAGING YOUR INVESTMENTS

22THE RISKS OF INVESTING IN SUPERANNUATIONAND PENSIONS

24FEES AND OTHER COSTS

32YOUR INSURANCE OPTIONS

33HOW WILL THE BENEFIT BE PAID UPON DEATH?

34KEEPING YOU UP-TO-DATE

37

40

OTHER THINGS YOU NEED TO KNOW PORTFOLIOCARE INVESTOR DECLARATIONS, CONDITIONS AND ACKNOWLEDGEMENTS

3

Your quick and easy guide to the key features of PortfolioCare eWRAP – Super/Pension.

PensionSuperGeneral features

Managed investments and listed securities have no minimum balance requirements. However,a minimum monthly administration fee of $41 applies to accounts with a balance of less than$72,353.

Managedinvestments andlisted securitiesminimum balance

Minimum CashAccount balance

Account balanceMinimum CashAccount balance

Account balanceMinimum CashAccount balance

$4,000$0 to $100,000$2,000$0 to $100,000

4% ofaccount balance

$100,001 to$500,000

2% ofaccount balance

$100,001 to$500,000

$20,000Above $500,000$10,000Above $500,000

Investmentoptions

Cash.Managed investments – choose from over 300 managed investments.Fixed term deposits.Listed securities, including the top 300 shares on the Australian Securities Exchange(ASX), selected Australian real estate investment trusts (AREITs), exchange traded funds(ETFs), exchange traded commodities (ETCs), listed investment companies (LICs) andlisted investment trusts (LITs).

$100 for managed investments.Minimum buy orsell for managed

There is no minimum buy for listed securities; however, minimum transaction values may beset by the ASX or the broker. Minimum holdings may also apply for some company shares.

investments orlisted securities

No exemption.100% exempt where you are below pension age.Centrelink AssetTest exemption

Contributions and withdrawals

Rollovers.Contribution types Rollovers.Concessional contributions.Non-concessional contributions (includingspouse contributions).Transfers.

To start your pension account, forwardyour transfer authority or arrange for yourfunds or cheque to be sent to us. You can

You or your spouse can make contributions intoyour account by direct debit, BPAY® or chequeat any time, subject to the relevant contributionscaps.For employer contributions, your employer canmake electronic contributions to your account

Depositing fundsinto your account

also consolidate funds in a PortfolioCareeWRAP – Super account first, and then starta pension account. See page 12 for furtherdetails.using a SuperStream employer portal. See

'Payment options' section on page 13 for details.

Not applicable.Minimum $100 contribution (monthly, quarterly,half-yearly or annually).

Regular depositplan

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AT A GLANCE


You can choose to have your pension paidto you:

You can withdraw unrestricted non-preservedbenefits at any time.

Accessing yourmoney

The withdrawal of other benefits is restricted bysuperannuation law.

monthlyquarterly, orannually.

Unless you’re on a pre-retirement pension,you can withdraw benefits as a lump sumat any time.

For pre-retirement pensions, you can onlywithdraw your unrestricted non-preservedfunds until you meet a condition of release.

None.None.Minimum ad hocwithdrawal

Insurance

Not available.You can apply for:Insurance options

life protectiontotal and permanent disablement (TPD), orincome protection.

Premiums and any adviser remuneration will bededucted from your Cash Account.

Fees1,2

FeeAmount investedAdministration fee

0.6800% paFirst $100,0003Calculated on youraccountbalance, excludingamountsin your CashAccount.

0.4350% pa

0.1575% pa

0.0925% pa

Next $150,000

Next $500,000

Next $2,250,000

NilOver $3,000,000

FeeAmount investedTrustee fee

0.1045% paFirst $3,000,000Calculated on youraccountbalance, excludingamountsin your CashAccount.

NilOver $3,000,000

These fees and costs apply to the investment options selected by you and your financialadviser. You can find an up-to-date list of the underlying investment option fees and costsreflecting the underlying investment option's PDS disclosure in the Investment

Underlying feesand costs forinvestmentoptions Options document. For detailed information about the underlying fees and costs associated

with any particular investment option you should refer to the underlying investment option'sPDS.

1 All fees shown include GST and are net of any reduced input tax credit (RITC), unless otherwise stated.2 Refer to pages 24 to 31 for further details of fees and costs that may apply.3 A minimum monthly administration fee of $41 applies to accounts with a balance of less than $72,353.

5


Brokerage fees Brokerage feeValue of trade

$25$0 to $30,000

0.1025% of the value of tradeOver $30,000

Nil.Exit fee

Keeping you up-to-date

Reporting Annual report.Investor report.

You can access detailed information about your account online at investoronline.info –24 hours a day, seven days a week.

Investor Online

Your financial adviser has access to additionaltailored reports and account information.Contact them to request a report.

Additional reporting Annual Pension Review letter –setting out your pension amountand tax information.Annual PAYG Payment Summary– if you receive a payment whileless than 60 years of age.

Telephone: 1800 004 594Customer Relations team

Email: [email protected]

Address: PortfolioCare, PO Box 7229, Perth

Cloisters Square WA 6000

6

PortfolioCare eWRAP – Super/Pension is a simple and convenient way to invest in superannuation for yourretirement, then access your super through a pension in retirement.

Using the PortfolioCare platform gives you the freedomto wrap a range of investments into a single, easy-to-usesuperannuation or pension account, including managedfunds, shares, cash and more. So you’ll enjoy theflexibility of choosing from a wide range of investments,letting you build a highly diversified portfolio.

You can use the super account to save for yourretirement, and the pension account to draw atax-effective income in retirement, all through the sameflexible solution. You’ll also benefit from simple,consolidated reporting across your portfolio, making iteasier for you and your financial adviser to manage yourfinancial affairs. And you can track your investmentsanytime, anywhere, through our convenient onlineinvestor portal.

THE BENEFITS OF SUPER

Australia’s superannuation system has been designedto help you save for a financially comfortable and secureretirement in a carefully regulated environment withbuilt-in tax concessions. Because super contributions,earnings and benefits are generally taxed at a lower ratethan non-super investments, an investment in super mayhelp you build a larger portfolio, faster than the sameinvestment outside super. It is important to rememberthat superannuation is a long-term investment designedfor retirement.

But Australia’s super and tax laws are complex, andeveryone’s situation is different, so it’s important toconsult a qualified financial adviser before you invest.

THE BENEFITS OF ALLOCATEDPENSIONS

An allocated pension is designed to pay you a regularincome in retirement. Depending on your individualcircumstances, allocated pensions may help you enjoythe tax benefits of super while also potentially takingadvantage of social security benefits.

You can only purchase allocated pensions withunrestricted non-preserved superannuation savings.

A pre-retirement pension allows you to commence apension with preserved superannuation benefits. Witha pre-retirement pension, you can access a regularincome stream while still in the workforce and seekingto transition into retirement.

i For more information on unrestricted non-preservedbenefits, see section 2 of the Additional informationbooklet.

BRINGING YOUR STRATEGY TO LIFE

PortfolioCare eWRAP – Super/Pension provides an accesspoint for a wide range of managed investments, whiledrawing on the specialist expertise of some of the world’sleading fund managers.

You can choose from 3, 6, 12 months and 5 years fixedterm deposits, and a range of ASX-listed securitiesincluding:

a broad selection of shares in listed Australiancompaniesshares in a selection of listed investmentcompanies, andunits in a selection of Australian and/oroverseas listed property trusts.

For more information on listed securities, see Investingin listed securities on page 19.

Your financial adviser can help you take advantage ofthe broad range of investment opportunities thatPortfolioCare eWRAP – Super/Pension offers. They canwork with you to agree on an investment strategy toachieve your retirement goals, then use PortfolioCareeWRAP – Super/Pension to bring your strategy to life.

With your strategy in place, you can access portfolioinformation online at investoronline.info – 24 hours aday, seven days a week.

FEATURES TO MAKE INVESTING EASY

SUPER ACCOUNTS

Choice of fundThe PortfolioCare eWRAP – Super account is a complyingsuper fund under Choice of Fund legislation. This meanswe are able to accept any Superannuation Guaranteecontributions that you may direct your employer to payto us (if you are eligible).

If you would like to have your Superannuation Guaranteecontributions paid to us, simply complete the StandardChoice form in the Application booklet and provide it toyour employer.

Regular deposit planYou can use a regular deposit plan for a disciplinedapproach to saving for retirement, potentially helpingyou reach your goals sooner. See Using a regular depositplan on page 12 for details.

7

WELCOME TO PORTFOLIOCARE EWRAP – SUPER/PENSION

InsuranceWe offer a range of insurance options to help protect yourlifestyle and investments in the event of a personal crisis,including life protection, TPD insurance, and incomeprotection. See Your insurance options on page 32.

Transferring from super to pensionWhen you become eligible, you can transfer part or allof your benefits from an existing PortfolioCare eWRAP– Super account to a tax-effective PortfolioCare eWRAP– Pension account without selling your managedinvestments or fixed terms deposits. As well assimplifying administration, that can help to cut transfercosts. See Transferring from an existing PortfolioCareeWRAP – Super or Pension account on page 13.

PENSION ACCOUNTS

Access to benefitsAn allocated pension gives you access to flexible pensionpayments (subject to minimum government limits), paidmonthly, quarterly or annually. You can also access yourbenefits as a lump sum at any time. See Pension accountson page 15 for further details.

Benefit from tax creditsInvestment earnings in pension accounts are tax-free.You should also receive the value of any availablefranking credits.

Transferring from one pension to a new pensionIf you choose to terminate your current pension andtransfer to a new PortfolioCare eWRAP – Super accountin order to start a new PortfolioCare eWRAP – Pensionaccount, we can usually transfer your investmentswithout selling them. See Transferring from an existingPortfolioCare eWRAP – Super or Pension account on page13.

ALL ACCOUNTS

Wholesale fundsEnjoy access to a range of wholesale managedinvestment funds that are typically not available to retailinvestors directly, and which generally have lowerinvestment fees than retail funds. Fees and other costsare fully explained in Fees and other costs on pages 24to 31.

Consolidated reporting for all your investmentsThe PortfolioCare eWRAP – Super/Pension accountconsolidates transaction reporting from all of theinvestment managers and listed entities in your account,giving you and your financial adviser continuous, onlineaccess to account information. See Keeping youup-to-date on page 34 for further details.

YOUR FINANCIAL ADVISER

To open a PortfolioCare eWRAP – Super/Pension account,you need a financial adviser. Your financial adviser hasaccess to up-to-date information and can give you furtherdetails on the underlying investments available throughyour account. They can also help you:

maximise your investments, making the most ofregulatory changes and available strategiesinvest tax effectivelydetermine the right investment mix to make yourmoney work harder for youensure you have the right levels of insurance coverto secure any plans you put in place1, andselect investments and products to suit your needsand personal circumstances.

Your financial adviser buys and sells shares and units inmanaged investments on your behalf. You cannot tradedirectly on your account. For information on the level ofauthority you may give to your adviser, see page 10.

If you change your financial adviser, you need to tell usimmediately. If you elect not to receive ongoing financialadvice, you can remain invested in PortfolioCare eWRAP– Super/Pension, but you will only be able to provide uswith limited instructions and most account features willnot be available to you.

We strongly encourage you to have a financial adviserattached to your account at all times, to ensure that yourfinancial strategy is being maintained and that you haveaccess to all the features and functionalities offeredthrough PortfolioCare eWRAP – Super/Pension.

1 Insurance cover is only offered to super account members. No insurance cover is offered in a pension account.

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HOW PORTFOLIOCARE EWRAP – SUPER/PENSION WORKSWith a separate Cash Account, plus a portfolio of managed investments, fixed term deposits and listed securities,

PortfolioCare eWRAP – Super/Pension makes it easy to manage your retirement funds.

HOW IT WORKS – AT A GLANCE

9

Getting started with PortfolioCare eWRAP – Super/Pension is easy. Your financial adviser can guide youthrough the process and help you select investments to reach your retirement goals.

BEFORE YOU START

This PDS includes important information about thePortfolioCare eWRAP – Super/Pension product. Pleaseread it carefully together with the Additional informationbooklet and seek advice from your financial adviser todecide if this product is right for you.

APPLYING FOR PORTFOLIOCARE EWRAP – SUPER/PENSION

Your financial adviser will help you apply forPortfolioCare eWRAP – Super/Pension. To open anaccount we’ll need:

a completed Application bookletproof of your identity, andyour initial contribution.

PROVING YOUR IDENTITY

To comply with the Anti-Money Laundering andCounter-Terrorism Financing Act 2006 (AML/CTF Act),you’ll need to provide identification information andverification documents before we can set up youraccount. Your financial adviser can tell you whichdocuments are needed. For more information seeVerifying your identity on page 37.

CHOOSING YOUR OPTIONS

As part of the application process, your financial adviserwill also help you to:

choose your investment options and set up youraccount for share trading (if required)decide whether to reinvest your dividends (if youinvest in shares)set up your pension payments (Pension only – seepage 15)decide on the level of authority they’ll have tooperate your accountnegotiate the fees they’ll receive for opening andservicing your account.

SETTING YOUR ADVISER'S LEVEL OFAUTHORITY

You decide how much authority your financial adviserhas to send us instructions for your PortfolioCare eWRAP– Super/Pension account.

There are two levels of authority:

Member directed authority – You must authoriseeach transaction or account change instruction inwriting before your financial adviser electronicallysubmits it to us.Authority to operate – Allows your financial adviserto electronically submit investment instructions tous and amend your PortfolioCare eWRAP –Super/Pension account details on your behalf,without prior authorisation from you, with someexceptions (listed below).

EXCEPTIONS TO THE AUTHORITY TOOPERATE

Unless we advise you otherwise, the authority to operateallows your financial adviser to submit all instructionson your behalf, except instructions:

to change the name of your accountto transfer funds out of your Cash Account to funda payment requestto transfer your account from super to pension, orin relation to any other matters outlined in this PDSthat may require your personal instructions.

If you change your financial adviser or cancel yourfinancial adviser’s authority to operate, you must tell usimmediately. If you change your financial adviser anddo not inform us, we will continue to act on your existingauthority to operate.

Your financial adviser can only withdraw funds fromyour PortfolioCare eWRAP – Super/Pension account ifthey have your written authorisation.

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GETTING STARTED

CONFIRMING THAT YOUR NEWACCOUNT IS OPEN

When we receive your application and set up youraccount, we’ll send you:

a welcome letter confirming your account details,anda personal identification number (PIN) to accessInvestor Online. To keep your PIN safe, we’ll sendit separately from your welcome letter.

Once we’ve received your initial contribution, we’llpurchase investments for you in line with the investmentinstructions your financial adviser lodges electronicallyon AdviserNET. We’ll also deduct any fees that are due.

NOMINATED BANK ACCOUNT

You need to provide us with details of an account youhold with a financial institution. We refer to this bankaccount as your nominated bank account.

Any direct credit payment via electronic funds transfer(EFT) that you make from your account will be paid intoyour nominated bank account.

You can amend your nominated bank account bycompleting the Nominated Bank Account addition oramendment form (available from your financial adviseror the Customer Relations team) and returning it to us.

11

With your account open, you’re ready to start making contributions. Your options depend on whether you’reinvesting in a super or a pension account, your age, and your individual circumstances.

SUPER ACCOUNTS

Depending on your personal situation, with PortfolioCareeWRAP – Super you can:

make one-off and regular contributions to youraccountrollover money from another super fundtransfer your existing investments from outsidesuper, provided they’re allowed undersuperannuation legislation.

i For more information on the types of contributionsyou can make, see section 1 of the Additionalinformation booklet.

USING A REGULAR DEPOSIT PLAN

PortfolioCare eWRAP – Super enables you to set up aregular deposit plan and make regular contributions toyour Cash Account by direct debit from another bankaccount. Your financial adviser can create and managea regular deposit plan for you online.

When you set up your plan, you choose:

how much you want to investthe frequency of your contributions (monthly,quarterly, half-yearly or annually), andthe duration of your plan.

Where funds are not available for your regular depositplan and we have bought managed investments on yourbehalf, we will reverse these transactions within areasonable amount of time. Because of the difference inbuying and selling prices, this may negatively affectyour account balance. We are not liable for transactionsthat occur in these instances.

You can view the details of your regular deposit plan onthe Account Details page on Investor Online.

PENSION ACCOUNTS

Under the rules for allocated pensions, you can onlycontribute to your PortfolioCare eWRAP – Pension usinga rollover from a super fund, whether a PortfolioCareeWRAP – Super or another super account. You cannotadd extra funds to your pension once it’s started,although you can start a new pension with the extrafunds and roll your existing pension account over intoyour new account.

Before you start your PortfolioCare eWRAP – Pension,you’ll need to combine your superannuation savings andany other money you want to pay into your pensionaccount in a single super fund. Your financial advisercan help you do this.

Unless you’re applying for a pre-retirement pension, therollover you use to open your pension account mustconsist only of unrestricted non-preserved benefits.Unrestricted non-preserved benefits are superannuationsavings which no longer need to be preserved becauseyou have satisfied a condition of release where nocashing restrictions apply (eg retirement after reachingyour preservation age).

Tax law places a cap on the total amount ofsuperannuation that you can transfer into pensionaccounts. This is known as the pension transfer balancecap and is $1.6 million as at 1 July 2017. The cap isindexed and may increase in the future.

For more information on pre-retirement pensions, seePre-retirement pensions on page 16.

i For more information on unrestricted non-preservedbenefits, see section 2 of the Additional informationbooklet.

CONSOLIDATING YOUR ROLLOVERS ANDCONTRIBUTIONS WITHOUT SELLINGYOUR ASSETS

You can use a PortfolioCare eWRAP – Super account toconsolidate multiple rollovers and contributions beforestarting your pension account. If you do not already havea PortfolioCare eWRAP – Super account, we’ll open oneon your behalf when you send us your PortfolioCareeWRAP – Pension account application. To give you timeto complete the consolidation, you can delay yourpension start date by up to three months.

We’ll hold all rollovers and contributions in yourPortfolioCare eWRAP – Pension account, then transferthe combined funds as a single rollover to yourPortfolioCare eWRAP – Super account on the nominatedpension start date. While your funds are beingconsolidated in your PortfolioCare eWRAP – Superaccount, our standard fees and costs will apply. Wecannot transfer the combined funds to your PortfolioCareeWRAP – Pension account if there is a pendingtransaction on your super account.

After three months, if your consolidation is not complete,we will contact your financial adviser for furtherinstructions.

12

MAKING CONTRIBUTIONS

TRANSFERRING FROM AN EXISTING PORTFOLIOCARE EWRAP – SUPER OR PENSIONACCOUNT

If you choose to terminate your current pension and transfer to a new PortfolioCare eWRAP – Super account or starta new PortfolioCare eWRAP – Pension account, we can usually transfer your investments without selling them. Thismeans there is no disposal for capital gains tax (CGT) purposes (for funds previously invested in super) and no chargesfor buying and selling investments.

You can choose to transfer all or some of your existing PortfolioCare eWRAP – Super/Pension assets:

Transfer all of your super or pension account balance to a single pension account by completingthe pension account section in the PortfolioCare eWRAP Super/Pension Application booklet. Yourfinancial adviser can also request the transfer online using AdviserNET.

Full assettransfer

Transfer part of your super or pension account to a single pension account. This allows you andyour financial adviser to choose which managed investments and listed securities you want totransfer.

Partial assettransfer

You can nominate a dollar amount or an entire holding in a managed investment. For listed securities,you’ll need to transfer the entire holding.

Your financial adviser will request a partial asset transfer for you electronically on AdviserNET.

You may also be able to transfer to a new PortfolioCare eWRAP – Pension or PortfolioCare Pension Service account. PortfolioCare eWRAP – Pension and PortfolioCare Pension Service are issued in the Fund by the Trustee. You can obtain a copy of the PDS for PortfolioCare Pension Service from amp.com.au/portfoliocare.

To find out more about transferring assets out of your account, speak to your financial adviser.

PAYMENT OPTIONS

You can pay funds into your PortfolioCare eWRAP – Super/Pension account using:

Pay byPayment type

Initial andongoingcontributions

1

Direct debit2

A regular deposit plan from a bank account selected by you (see Using a regular depositplan on page 12 for details)(personal contributions only).BPAY® (initial and additional contributions that are lodged by your financial adviser usingAdviserNET)2

Cheque2

Super Guarantee notifications or other notices of an entitlement to Superannuation Guaranteeshortfall payments, forwarded to us3.Via a SuperStream employer portal (for employer contributions only)4.

We can also accept payments directly from the Australian Taxation Office (ATO) (eg governmentco-contributions).

Rollovers Arranging to have your rollover cheque and documentation sent to us.Completing the transfer authority in the Application booklet.

You can also roll over from an existing PortfolioCare eWRAP – Super/Pension account to a newPortfolioCare eWRAP – Pension—your financial adviser can help you do this.

Transfersof existinginvestments

Moving your existing investments across to PortfolioCare eWRAP – Super/Pension. SeeTransferring managed investments and listed securities on page 14 for details.

1 Ongoing contributions are applicable to a super account only.2 Legislative changes may place restriction on the use of these facilities by employers. Visit the ATO website at ato.gov.au for

more information on ways employers can make contributions that comply with the data and payment standards.3 These types of contributions are credited to your nominated super account following processing by the ATO, which may take

some time.4 A SuperStream employer portal is an internet-based solution that enables employers to make electronic contributions directly

into an employee’s super account. For more information on SuperStream, please refer to ato.gov.au

® Registered to BPAY Ltd ABN 69 079 137 518

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TRANSFERRING MANAGEDINVESTMENT AND LISTED SECURITIES

If you already hold managed investments or listedsecurities in super, you can transfer them into yourPortfolioCare eWRAP – Super or Pension account. Totransfer your existing investments, they must be:

on our list of available investment options, ortransferred from another complying superannuationfund or a self-managed superannuation fund (SMSF)in the form of a rollover.

We cannot:

accept transfers of investments in the form ofsuperannuation contributions, ortransfer investments out of your account, exceptinto a PortfolioCare eWRAP – Pension account.

Once the investments have been transferred to yourPortfolioCare eWRAP – Super/Pension account, they willappear in your detailed portfolio reports, along with theother investments in your account.

For more information on how to transfer investmentsinto your PortfolioCare eWRAP – Super/Pension account,please contact us or speak to your financial adviser.

TRANSFERS AND CAPITAL GAINS TAX

When we transfer external investments to yourPortfolioCare eWRAP – Super/Pension account, there isgenerally a change in the beneficial ownership of theseinvestments, as well as a change in legal ownership.This triggers a CGT event in the superannuation fundthe money has been transferred from.

Any costs or capital gains or losses your previous fundincurs resulting from the transfer can’t be transferred toyour PortfolioCare eWRAP – Super/Pension account. Weare not responsible for reporting, paying or calculatingany tax liability that may arise. We recommend you seekadvice from your tax adviser before deciding whetherand when to transfer investments.

CONSOLIDATING YOUR INVESTMENTSBEFORE YOU TRANSFER

Before starting your PortfolioCare eWRAP – Pensionaccount, you can consolidate investments for transfer ina Consolidation account.

While your investments are held in this account, they’llbe treated as preserved. When we receive the finalRollover Benefit Statement, we’ll transfer the entirebalance of the Consolidation account to yourPortfolioCare eWRAP – Pension account. We’ll also updateyour account to reflect the correct tax and preservationcomponents.

The Consolidation account is like a standardPortfolioCare eWRAP – Super account, except that:

you cannot make withdrawals or transact on it, andif the balance of the Cash Account for theConsolidation account falls below the minimumrequired, we won’t sell investments to top it up.We recommend you deposit $1,000 into the CashAccount to prevent the balance becoming negativewhen fees and costs are deducted.

If the Cash Account balance does become negative, we’llcharge interest on the negative amount at the same rateas we pay interest on positive cash balances. The CashAccount balance must be positive before we’ll transferthe account balance of the Consolidation account to yourPortfolioCare eWRAP – Pension account. The standardfees and other costs outlined in the PDS will apply whilethe investments are in the Consolidation account.

You can monitor the balance of the Cash Account in theConsolidation account at any time using Investor Online.

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Under superannuation law, you can only access the funds in your account under certain conditions. Here’show to access your money from your PortfolioCare eWRAP – Super/Pension.

Your options for accessing your money depend onwhether you have a super or a pension account, yourage, and your individual circumstances.

If you want to make a full withdrawal, your financialadviser will need to sell your investments before we canpay the withdrawal and close your account.

SUPER ACCOUNTS

Superannuation is designed as a long-term investmentto help you save for retirement, so there are limitationson accessing your money before you retire.

Generally, you can access unrestricted non-preservedbenefits at any time. But to access benefits that areclassified as preserved or restricted, non-preserved, youneed to meet a condition of release.

If you do meet a condition of release, you can withdrawsome or all of the money in your PortfolioCare eWRAP –Super account.

i For more information on preservation rules andconditions of release, see section 2 in the Additionalinformation booklet.

PENSION ACCOUNTS

Your PortfolioCare eWRAP – Pension account pays youa regular pension payment to help you fund yourexpenses in retirement.

You can choose how much you would like thesepayments to be (subject to government minimums) andhow often you would like us to pay you. You can alsoadjust the amount or frequency of your payments at anytime— simply contact your financial adviser.

The tax treatment of your pension payments dependson your individual circumstances, so it’s important toseek professional advice on the tax implications ofdifferent options before you make a decision.

i For more information on how pension payments arecalculated, see section 3 of the Additional informationbooklet or speak to your financial adviser.

MINIMUM PAYMENT

Each year, we need to pay a minimum pension amount,based on a percentage of your account balance.

When you start your pension, we calculate your minimumfor that year on a pro rata basis. If your pension startsbetween 1 June and 30 June, you may choose not toreceive a payment for that financial year if you haveselected the minimum payment option. Otherwise, yourpension minimum is calculated on 1 July each year.

We’ll write to you each year to let you know your pensionminimum. You can ask your financial adviser to helpestimate your limit.

Alternatively, you can check your minimum on thePension Details page on Investor Online.

MAXIMUM PAYMENT

Unless you have a pre-retirement pension, there is nomaximum pension payment. For more information onpre-retirement pensions, see Pre-retirement pensions onpage 16.

HOW PENSION PAYMENT ARE FUNDED

Pension payments are paid from your Cash Account.We’ll deduct funds from your account in this order:

1. Unrestricted non-preserved benefits.2. Restricted non-preserved benefits.3. Preserved benefits.

If there’s not enough money in your Cash Account, we’llsell your investments to fund your pension payments.To do this, we’ll use either the Priority Sell Method, ifyou have set up sell instructions, or the Default SellMethod (see page 17).

If we need to sell more than 95% of an asset to meet apension payment, we’ll sell the entire asset.

15

ACCESSING YOUR MONEY

LUMP-SUM WITHDRAWLS

If you have a pension, you can generally withdraw all orpart of your pension benefits as a lump sum(commutation) at any time. This does not apply topre-retirement pensions, which have special withdrawalrestrictions.

When you make a lump-sum withdrawal, it doesn’t affectthe pension payments for that financial year, but theremay be tax implications.

Talk to your financial adviser before deciding to takeany part of your pension as a lump sum.

i For more information on tax and lump sum payments,see section 5 in the Additional information booklet.

PRE-RETIREMENT PENSIONS

If you’ve reached your preservation age but you are stillin the workforce and would like to transition intoretirement, you can start a pension with preserved superbenefits.

This type of allocated pension is known as apre-retirement or non-commutable allocated pension(NCAP). An NCAP can be a flexible way to access yoursuper benefits from your preservation age without havingto choose between full-time employment and retirement,giving you greater flexibility on when and how youtransition to retirement.

In addition to the standard minimum paymentrequirements, NCAPs have a maximum pension amountyou can be paid. The maximum is initially calculated as10% of your starting account balance, and re-calculatedevery 1 July using the total account balance. In the firstyear of your NCAP, you can choose to receive a pro rataor non-pro rata pension amount.

Once you turn 65 or meet another condition of releasewithout cashing restrictions, the pre-retirementrestrictions are lifted, and the maximum paymentrequirement will no longer apply. If you were receivingthe maximum payment, we’ll continue paying thatamount, unless you ask us to change it.

i For more information on your preservation age, seesection 2 of the Additional information booklet.

REQUESTING A WITHDRAWAL

To request a withdrawal, you can either:

send us a completed payment request form(available from the Customer Relations team orfrom your financial adviser)1, orask your adviser to complete your withdrawalrequest in AdviserNET.

We’ll generally process your request within five businessdays, provided you have enough money in your CashAccount to cover the withdrawal and any transactioncosts.

SELLING MANAGED FUNDS TO FUNDWITHDRAWLS

If you don’t have enough money in your Cash Accountfor a withdrawal, pension payment or other deduction(like insurance premiums or fees), you’ll need to tell uswhich of your investments you would like us to sell inorder to fund the withdrawal. Remember, your managedinvestments will be sold at the market price at the timeof sale.

You can monitor your Cash Account balance by regularlychecking the details of your account on Investor Online.

Selling your investments and processing your withdrawalgenerally takes 7–10 business days. However, this mayvary depending on the time it takes external fundmanagers to process the sale transactions, and if thereare any withdrawal restrictions on your investmentoption. To find out which investment options havewithdrawal restrictions, see Investment Optionsdocument. A withdrawal may also be delayed if a buyor sell has not been confirmed.

Refer to the underlying investment option's disclosuredocuments for further information relating to withdrawalconditions associated with the underlying investmentoptions.

If there is not enough money in your Cash Account andyou don’t tell us which investments to sell, we will usethe Default Sell Method. If you have given us sellinstructions, we will use the priority sell method as peryour instructions.

See Priority Sell Method and Default Sell Method on page17 for details.

If we need to sell more than 95% of a managedinvestment to fund either a partial withdrawal or aregular sell instruction, we’ll sell the entire investment.

You can’t specify which components of your benefits awithdrawal will come from (eg tax-free or taxed). Allwithdrawals will be spread proportionally across bothcomponents.

You can view details of withdrawals on your accountusing the Transaction Details pages on Investor Online.

SELLING LISTED SECURITIES TO FUNDWITHDRAWLS

If you hold listed securities, you can also sell holdingsin one or more of them and where permitted by law,withdraw the proceeds from your Cash Account. Youmust instruct your financial adviser to arrange the saleof the listed securities before sending us your paymentrequest form.

For up-to-date information on your portfolio balance,visit Investor Online or call the Customer Relations teamon 1800 004 594.

1 Any direct credit payment via electronic funds transfer (EFT) you make from your account will be paid into your nominatedbank account.

16

With an extensive range of managed investments, fixed term deposits and listed securities, plus a competitiverate for cash, PortfolioCare eWRAP – Super/Pension makes it easy to update your investment mix as yourneeds change.

With PortfolioCare eWRAP – Super/Pension, you caninvest in a diversified range of investments, with over300 managed funds, over 300 listed securities, and achoice of term deposit periods.

You can find out more about the available investmentoptions for PortfolioCare eWRAP – Super/Pension in theInvestment Options document.

i For more information on choosing between investmentsin different asset classes, see section 6 of the Additionalinformation booklet.

YOUR CASH ACCOUNT

When you open a PortfolioCare eWRAP – Super/Pensionaccount, we set up a Cash Account for you. Your CashAccount is part of interest-bearing bank accounts heldwith St. George Bank and/or Westpac. Your Cash Accountis at the centre of your PortfolioCare eWRAP – Super/Pension account, used to receive contributions, makepension payments, and settle all purchases and sales ofmanaged investments and listed securities.

All contributions to your super or pension account areautomatically credited to your Cash Account. Afterdeducting any contribution fees and retaining therequired minimum balance in your Cash Account, we’llinvest the remaining deposit in accordance with yourinvestment instructions. If you haven’t given us anyinstructions, your money will remain in your CashAccount until you do. All fees, government charges,insurance premiums, taxes and pension payments (ifany) are paid from your Cash Account.

MAINTAINING A MINIMUM BALANCE INYOUR CASH ACCOUNT

You need to maintain a minimum balance in your CashAccount to pay for monthly transactions such asinsurance premiums, pension payments, and fees andother costs.

MINIMUM BALANCES

Minimum Cash Accountbalance

YourPortfolioCareeWRAP – Super/Pension accountbalance1

PensionSuper

$4,000$2,000$0 to $100,000

4% of accountbalance

2% of accountbalance

$100,001 to$500,000

$20,000$10,000Above $500,000

1 PortfolioCare eWRAP account balance includes cash heldin the Cash Account.

You can monitor your Cash Account balance by regularlychecking the details of your account on Investor Online.

If there’s not enough money in your Cash Account tofund a pension payment, withdrawal or insurancepremium, we’ll sell your managed funds, subject to anywithdrawal restrictions, to top up your account. Yourinvestments will be sold using either the Priority SellMethod or the Default Sell Method.

PRIORITY SELL METHOD

You can give us a standing Priority Sell instruction foryour managed funds, telling us the order in which youwould like your managed funds to be sold to top up yourCash Account balance.

DEFAULT SELL METHOD

If you haven’t set up a Priority Sell instruction or if thenet value of the managed funds you nominated underthe Priority Sell instruction is insufficient, we’ll use theDefault Sell Method.

We’ll try to sell your managed funds in proportion totheir estimated current value, subject to price and marketchanges that may occur during the selling process.

If we have sold all your managed funds and your CashAccount balance is still less than the required level, wewill sell your listed securities, starting with theshareholding of the highest value, until we have releasedenough cash.

17

MANAGING YOUR INVESTMENTS

NEGATIVE CASH BALANCE

If your Cash Account balance falls below zero at anytime, we’ll charge interest on the negative balance atthe same rate as we pay interest on positive cashbalances.

Your Cash Account balance could become negative dueto fees, taxes, insurance premiums and withdrawals.Switching between investment options could also causeyour balance to fall. For that reason, it’s important foryou or your adviser to regularly check your Cash Accountbalance online.

INVESTING IN MANAGED FUNDS

With PortfolioCare eWRAP – Super/Pension you havemore than 300 managed investments to choose from,often at wholesale prices not generally available to directretail investors.

BUYING MANAGED FUNDS

We can only accept investment instructions sent to uselectronically by your financial adviser. Your investmentinstructions will generally be placed with the investmentmanager on the following business day (a week day onwhich banks and the ASX are open for business inSydney).

The minimum amount for each buy instruction is $100per managed investment. This applies to both one-offbuys and regular buys.

Before you instruct your financial adviser to buy managedfunds, you must receive a PDS for the managed fundsyou’re investing in. These are available from yourfinancial adviser or from us, along with the InvestmentOptions document.

If you instruct us to buy a managed investment andthere’s a pending transaction in place, such as a previouspurchase or sale request, we won’t place the investmentinstruction with the investment manager until thepending transaction has cleared.

REGULAR BUY

Your financial adviser can arrange a regular buy for aspecified dollar amount of one or more managedinvestments held through your account. We’ll fundregular buys through your Cash Account.

Your financial adviser will help you nominate the:

amountstart datefrequency, andoptional end date.

The regular buy instruction will be sent to theinvestment manager on the nominated date (or the nextbusiness day if it falls on a non-business day). You canchange or cancel your regular buy instruction at anytime—simply contact your financial adviser.

Before you invest in any managed investment, you mustreceive a PDS for that investment. You can get a copyfrom your financial adviser or from Investor Online.

SELLING MANAGED FUNDS

The minimum sell amount is $100 for each managedinvestment. If the sell amount is 95% or more of the valueof your entire holding in a managed investment, we’llsell your entire holding in that managed investment.

Your financial adviser submits sell instructions onAdviserNET. The time it takes for an investment managerto process a sell instruction for a managed investmentcan vary. Generally, sales are processed within 7–10business days unless withdrawal restrictions apply. Readthe PDS for the investment you are selling for details ofany withdrawal restrictions. When we receive theproceeds from the investment manager, we’ll credit thosefunds to your Cash Account.

If you instruct us to sell a managed investment andthere’s a pending transaction in place (such as a previouspurchase or sale request), we won’t place the investmentinstruction with the investment manager until thepending transaction has cleared.

REGULAR SELL

You can also ask your financial adviser to arrange aregular sale of a specified dollar amount from one or moreof the managed funds you hold. Your financial adviserwill help you nominate the:

amountstart datefrequency – monthly or quarterly, andoptional end date.

We’ll send the sell instruction to the investment manageron the nominated date (or the next business day if it fallson a non-business day). If the specified sell amount is95% or more of the value of your entire holding in amanaged investment, we’ll sell your entire holding inthat managed investment.

When we receive the proceeds from the investmentmanager, we’ll credit those funds to your Cash Account.

You can change or cancel your regular sell instructionat any time—simply contact your financial adviser.

SWITCHING

You can switch between investment options at any time.Buy and sell instructions can be submitted on the sameday; however, please note that if there is insufficientcash in the Cash Account to cover the purchase, we willwait for the proceeds from the sell instruction, or anotherdeposit amount, to be received before we submit thebuy. The entire purchase amount will need to beavailable in the Cash Account before we act on the buyinstruction.

Buying and selling on the same day significantly reducesthe time taken to complete your switch and gives yougreater exposure to investment markets. You should notethat some managed investment funds may take anextended timeframe to pay sale proceeds. Read the PDSfor the investment you are selling for further informationrelating to withdrawal timeframes.

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VALUATIONS

The managed funds in your account are generally valueddaily, based on valuations provided by investmentmanagers. Refer to the PDSs for the investments you’vechosen for details on unit pricing.

To see the most current valuations on your accountportfolio, see the Valuation page on Investor Online.

INCOME DISTRIBUTIONS

Income distributions from managed investments arecredited to your Cash Account.

You can either keep your distributions as cash, or instructus to buy more units in that particular managedinvestment. However, you cannot take part in anydistribution reinvestment plan offered by investmentmanagers.

Your financial adviser can set up and change your incomedistribution option using AdviserNET.

i For more information, see section 7 of the Additionalinformation booklet.

INVESTING IN LISTED SECURITIES

Through your account, you can access more than 300ASX-listed securities, including a selection of:

listed securities in listed Australian companieslisted securities in listed investment companies,andunits in listed property trusts.

We regularly review our range of listed securities andmay add or remove listed securities at any time. Askyour financial adviser for an up-to-date list of ourapproved securities.

While listed securities can offer the potential for higherinvestment returns, they can also be more volatile thanother investment options. So make sure you discuss yourneeds and situation with your financial adviser beforeyou decide to buy listed securities.

If a security is removed, you won’t be able to investadditional funds in that investment, although you cankeep your existing investment and continue participatingin any dividend reinvestment plan available for thatsecurity.

You can sell your listed securities at any time.

To buy or sell listed securities, your financial adviserplaces orders through the broker. The costs or proceedsof these trades are settled through your Cash Account.

SETTING UP YOUR ACCOUNT FOR LISTEDSECURITY TRADING

To hold listed securities through your PortfolioCareeWRAP – Super/Pension account, simply ask yourfinancial adviser to:

nominate listed security trading on your applicationor account amendment, ormake a dividend election.

YOUR HOLDER IDENTIFICATION NUMBER(HIN)

When we set up your account for listed security trading,you’ll be assigned a new Holder Identification Number(HIN).

Your HIN is unique to your account, and you can onlyhave one HIN per account.

When transferring listed securities from an existingaccount to a new super or pension account, a new HINwill be generated for your new account. You can’t usean existing HIN with your PortfolioCare eWRAP –Super/Pension account.

OUR BROKER

We have appointed Australian Investment ExchangeLimited (AUSIEX) as our broker and settlement agent forPortfolioCare eWRAP – Super/Pension. AUSIEX performsbroker and settlement services for us.

BUYING LISTED SECURITIES

We don’t set any minimum buy amount for listedsecurities purchases, but broker limits and market rulesmay apply.

To buy listed securities, your financial adviser sendsyour buy instruction to the broker through us. The brokerwill then place your order with the Australian StockExchange (ASX). We’ll withdraw money from your CashAccount to settle the purchase and pay for brokerage.

You can only buy listed securities that are on ourapproved securities list. Please note that we do notfacilitate the trading of listed securities if they aretrading on a deferred settlement basis.

FUNDING LISTED SECURITIES PURCHASES

When you buy listed securities through your account,you’re responsible for paying the purchase pricesand listed security trading fees (such as brokerage).

To cover these costs, you’ll need to make sure you haveenough money in your Cash Account or in pendingproceeds from unsettled listed security trades you’vepreviously placed, or both.

Your financial adviser can set an expiry date for buyssent to the broker. The expiry date can be either goodfor a day (for both ‘at market’ and ‘at limit’ orders) orgood until cancelled, up to 28 days later (‘at limit’ ordersonly). If sufficient funds for the trade become availablebefore the expiry date, we’ll automatically place yourbuy order with the broker.

19

SELLING LISTED SECURITIES

We don’t place a limit on the minimum sell amount forlisted securities, but broker limits and market rules mayapply.

To sell listed securities, your financial adviser submitsyour sell instruction to the broker, who will place yourtrade with the ASX.

Once the listed securities are sold, we’ll deposit the netproceeds in your Cash Account, after deductingbrokerage. Please note that we do not facilitate thetrading of listed securities if they are trading on adeferred settlement basis.

LISTED SECURITY DIVIDENDS

Depending on the listed securities you hold, you may beable to choose to receive dividends as cash (depositedto your Cash Account), or as extra securities as part of aDividend Reinvestment Plan (DRP). If you choose toparticipate in DRPs, we’ll apply your decision to all ofyour listed security holdings, wherever a DRP isavailable. You can’t choose to receive dividends as cashfor one listed security holding while participating in aDRP for another.

If a DRP is not available for a particular listedsecuritholding, or there is a residual cash portion on yourDRP, the dividend will be received as cash and depositedin your Cash Account.

Generally, it takes around 13 business days to apply adividend instruction (three business days for us to sendyour instruction to the relevant share registry, andaround 10 business days for them to process thisinstruction). So allow plenty of time when setting orchanging your instruction to make sure your dividendscan be processed as you wish.

VALUATIONS

listed security investments are generally valued dailyfor reporting purposes, using the ASX closing price datafrom the previous day.

RESTRICTIONS ON LISTED SECURITYHOLDINGS

To help reduce the risk of inadequate diversification,we’ve introduced limits on your exposure to listedsecurities.

At the point of purchase, we’ll aim to ensure that no morethan 30% of the total value of your account (includingcash held in your Cash Account) is invested in a singlecompany. However, we may allow you to invest up to90% of the total value of your account in certain ETFs.Please contact us for more information on the ETFsavailable for investing through PortfolioCare eWRAP –Super/Pension and the limits and restrictions that apply.

We recommend that you and your financial adviserregularly monitor your account to ensure the value ofyour listed securities stays within the required limit.

We’ll review your account every six months to ensurethat the values of your listed securities stay within thelimit. If the value of a listed security rises above the limit,we’ll generally email your financial adviser tolet them know. If your account isn’t adjusted after we’venotified your adviser, we may make this adjustmentourselves—selling your listed securities to reduce theirvalue to meet the required limit.

CORPORATE ACTIONS

Corporate actions are events that affect your listedsecurity holdings, including bonus issues, rights issues,distributions, buy backs, takeovers and call payments.Corporate actions can be:

Voluntary – Actions where investors have one ormore options, allowing each investor to choose theoption they believe is best suited to their personalcircumstances.Mandatory – Actions that simply happen, with nochoices available.

You won’t receive any communications about corporateactions, as all listed securities in PortfolioCare eWRAP– Super/Pension are held in the name of the custodian.Instead, we will respond on your behalf.

When a corporate action is announced, we’ll make adecision whether to allow you to participate in all, someor none of the options offered under that corporate action.If you are not allowed to participate in a corporate action,the default option (if any) will apply.

20

PARTICIPATING IN CORPORATE ACTIONS

The types of voluntary corporate actions we may make available to you and the way you can participate in them, areoutlined in the below table:

Provided the corporate action is approved by us, we’ll allow you to participate in that corporateaction through your financial adviser. (Please note you will not have access to shareholderrights including voting and general meetings.)

What types ofcorporate actions canI participate in?

Corporate action notices are sent to us. We’ll aim to notify your financial adviser of theseevents. No corporate action notices will be sent to you.

Who receivescorrespondenceregarding corporateactions?

We participate in corporate actions on your behalf. Where we’ve given you the ability to makean election, you can submit your election to us online through your financial adviser.

How do I lodge anelection for acorporate action?

Your financial adviser will need to submit your election to us by our cut-off time, which maybe earlier than the cut-off time advised by the share registry. (This is to ensure we havesufficient time to submit your election with the relevant share registry.)

When do corporateaction elections needto be made by?

Your financial adviser can advise you of our cut-off times.

If an election is not made prior to our cut-off time, you’ll be taken to have made no election,and the corporate action default (as outlined in the relevant documentation relating to thecorporate action) will apply.

If cash is required to fund a corporate action, we’ll draw funds from your Cash Account uponreceiving your election.

How are corporateactions funded?

If there are insufficient funds, we’ll continue to check your Cash Account each day up untilour cut-off time. If there are no funds by this date, your corporate action election will lapse.

Proceeds from corporate actions (where applicable) are deposited into your Cash Account.How do I receiveproceeds fromcorporate actions?

REBALANCING YOUR ACCOUNT

When you choose investments for your account, youcreate an investment profile that sets out your preferredinvestment mix, in line with the investment strategyyou agreed with your adviser.

At any time you can ask us to rebalance your portfolio,buying and selling investments to ensure that theproportion invested in each holding matches youroriginal profile. Your adviser can do this for you throughAdviserNET.

You can also set up your account to regularly rebalanceyour portfolio. If you choose this option, your accountwill be rebalanced:

quarterly (on or around 15 February, May, Augustand November)half-yearly (on or around 15 February and August),orannually (on or around 15 August).

Rebalancing only applies to your Cash Account balance,managed investments and listed securities. Otherinvestments will not be rebalanced.

HOW WE SELECT INVESTMENTOPTIONS

As the Trustee, we do not consider or take labourstandards, or environmental, social or ethicalconsiderations into account in making investmentdecisions.

The Trustee does not invest directly in derivatives,although underlying fund managers may do so.Derivatives are securities that derive their value fromother assets or indices (eg futures and options). Aninvestment in derivatives may be more volatile than anequivalent investment in the underlying asset, so it’simportant to consult your financial adviser beforedeciding to invest in a fund that uses derivatives.

For any available managed investments, these policieswill be included in the PDS or other disclosure documentsfor these investments. You can obtain a copy of thesedisclosure documents without charge from your financialadviser or us.

i For more information about investment options, seeInvestment Options document.

21

While the superannuation and pension system is carefullyregulated, it is not risk-free. Here is an overview ofsignificant risks you may face.

CHANGES TO LEGISLATION ANDTRUST DEEDS

Investments in superannuation and pensions are subjectto government legislation. Legislation changes frequentlyand may affect who can invest, the tax they need to pay,and when and how they can access their investments.

Superannuation and pension funds are also governed bya Trust Deed. The Trustee can amend rules in the Fund’sTrust Deed that affect how the Fund operates, althoughthe Trustee is prevented by law from making changesadverse to members’ entitlements without their consent,except as necessary to comply with government changes.

INVESTMENT RISK

An investment in PortfolioCare eWRAP – Super/Pensionis subject to investment risk, including possible delaysin repayments, and loss of income and capital invested.This risk can include market risk, company risk, currencyrisk, interest rate risk and inflation risk.

Except as expressly disclosed, neither Asgard nor theTrustee, nor any other member of AMP group or theinvestment managers, guarantees the payment of incomeor the performance of the investment options.

LIQUIDITY RISK

Liquidity risk is the risk that your investment cannot bebought, sold, cashed, transferred or rolled over as quicklyas you might wish. Different investments have differenttransaction processing times and thus different levels ofliquidity risk.

Investment transactions, withdrawals, rollovers andtransfers from your superannuation account are normallyprocessed within 30 days of us receiving all the necessaryinformation. Some investments, referred to as ‘illiquidassets’, require a longer period to be redeemed. Thislonger redemption period is imposed by the underlyinginvestment manager because some or all of the assetswithin the investment are illiquid. Account fees willcontinue to be charged while invested in illiquidinvestment options. We have labelled these investmentsas illiquid investments in the Investment Optionsdocument, which also shows the maximum redemptionperiod for each option.

For more information, you should read the PDS for yourchosen managed investment funds.

OTHER RISKS

Other risks include:

increases in feeschanges in investment managers, andthe performance of investment managers.

The Trustee uses adherence to the law and the Fund’sTrust Deed, and ongoing monitoring of the performanceof investment managers to reduce these risks.

i There are other risks that may affect the performanceof investments. For more information, see What are therisks? in the Additional information booklet.

STANDARD RISK MEASURE

The Standard Risk Measure is based on industry guidanceto allow investors to compare investment options thatare expected to deliver a similar number of negativeannual returns over any 20-year period.

The table below sets out the Standard Risk Measurebands/labels.

Estimated number ofnegative annual returnsover any 20-year period

Risk labelRiskband

Less than 0.5Very Low1

0.5 to less than 1Low2

1 to less than 2Low to Medium3

2 to less than 3Medium4

3 to less than 4Medium to High5

4 to less than 6High6

6 or greaterVery High7

The Standard Risk Measure is not a complete assessmentof all forms of investment risk. For instance, it does notdetail what the size of a negative return could be or thepotential for a positive return to be less than an investormay require to meet their objectives. Further, it does nottake into account the impact of administration fees andtax on the likelihood of a negative return.

Members should still ensure they are comfortable withthe risks and potential losses associated with theirchosen investment option(s).

22

THE RISKS OF INVESTING IN SUPERANNUATION ANDPENSIONS

i For the Standard Risk Measure for each of the investment options available through PortfolioCare eWRAP – Super/Pension and for information on the methodology used to calculate the Standard Risk Measure, please go to amp.com.au/portfoliocare or call the Customer Relations team on 1800 004 594.

MANAGING RISK

CHOOSING AN INVESTMENT STRATEGY

Your investment strategy will be highly dependent onyour attitude towards risk—the possibility that theinvestment will not return its original capital or expectedincome, and that the level of return will be volatileduring a given time period.

Investments with a low risk profile will usually providelower, though more consistent, returns than those witha higher risk profile. For example, investing cash intobank accounts is considered low risk and low return,while the share market has historically provided higherreturns over the longer term with higher volatility.

DIVERSIFICATION

Diversification is a basic strategy used to reduce someof the risks associated with investing. By spreading yourinvestments across a number of assets, you are not relianton the performance of, and are not exposed to the risksof, a single investment. Investing in only one or a fewspecific assets or direct securities can increase your risk.

SEEK PROFESSIONAL ADVICE

It is very important that you understand and are awareof the risks and mitigating strategies, such asdiversification, that are available to you. For moreinformation on what risks apply to investing, speak toyour financial adviser.

23

The total fees and costs you pay include the fees of the PortfolioCare eWRAP – Super/Pension product as well as theunderlying fees and costs of any investment option(s) you choose.

It is important that you understand the fees and costs of any investment options you choose and that those fees andcosts are in addition to the fees we charge.

For detailed information about the underlying fees and costs associated with any particular investment option, referto the underlying investment option’s PDS.

DID YOU KNOW?

Small differences in both investment performance and fees and costs can have a substantial impact on yourlong-term returns.

For example, total annual fees and costs of 2% of your account balance rather than 1% could reduce your finalreturn by up to 20% over a 30-year period (for example, reduce it from $100,000 to $80,000).

You should consider whether features such as superior investment performance or the provision of better memberservices justify higher fees and costs.

You or your employer, as applicable, may be able to negotiate to pay lower fees1. Ask the fund or your financialadviser.

TO FIND OUT MORE

If you would like to find out more, or see the impact of the fees based on your own circumstances, the AustralianSecurities and Investments Commission (ASIC) website (www.moneysmart.gov.au) has a superannuation feecalculator to help you check out different fee options.

This document shows fees and other costs that you may be charged. These fees and other costs may be deducted fromyour money, from the returns on your investment, or from the assets of the superannuation entity as a whole.

Other fees, such as activity fees, advice fees for personal advice and insurance fees, may also be charged, but thesewill depend on the nature of the activity, advice or insurance chosen by you.

Taxes, insurance fees and other costs relating to insurance are set out in another part of this document.

You should read all of the information about fees and other costs because it is important to understand their impacton your investment.

The fees and costs for each investment option offered by the entity are set out in the the underlying investmentoption's PDS.

1 The statement that your employer may be able to negotiate to pay lower fees is prescribed by law and is not applicable tothis product.

24

FEES AND OTHER COSTS



Not applicable.Nil.Investment fee

The administration fee1 is deducted from your CashAccount at the start of each month and is calculatedbased on the balance of your account at the end ofthe previous month excluding amounts in your CashAccount.

Administration fee % paAccount balance

0.6800First $100,000

0.4350Next $150,000

Where your account is opened during the month,the administration fee charged to your account willbe pro-rated based on the number of days youraccount was open in that month.

0.1575Next $500,000

0.0925Next $2,250,000

For accounts with an account balanceof less than $72,353, a minimumadministration fee of $41.00 permonth applies.

The trustee fee1 is deducted from your Cash Accountat the start of each month and is calculated basedon the balance of your account at the end of theprevious month excluding amounts in your CashAccount.

Plus 0.1045% pa for amounts under$3,000,000.

Where your account is opened during the month,the trustee fee charged to your account will bepro-rated based on the number of days your accountwas open in that month.

Not applicable.Nil. However, underlying buy/sellcosts2 may apply.

Buy–sell spread

Not applicable.Nil. However, underlying buy/sellcosts 2 may apply.

Switching fee

Not applicable.Nil.Exit fee

Not applicable.Nil.Advice fees relating toall members investingin a particularinvestment option

Brokerage fees are deducted from your CashAccount at the time the trade is settled. In relationto trades over $30,000, the value of the trade willbe determined at settlement.

For each listed security tradeaccording to the value of the trade:

Other fees and costs3

$30,000 or less – $25.More than $30,000 – 0.1025% ofthe value of the trade.

Deducted from your Cash Account (if applicable),in accordance with the terms of the insurancepolicy.

Plus insurance feeswill apply if youhave insurance cover.

Deducted from your Cash Account as agreedbetween you and your financial adviser.

Plus adviser fees as agreed betweenyou and your financial adviser.

Not applicable. Nil. However underlyingmanagement costs2 may apply.

Indirect cost ratio

123

Refer to administration fees on page 26 for more information.Refer to underlying fees and costs of investment options on page 27 for more information. Refer to other fees and costs on page 26 for more information.

25

ADDITIONAL EXPLANATION OF FEESAND COSTS

ADMINISTRATION FEES

ADMINISTRATION FEEThe administration fee covers the costs of operating yourPortfolioCare eWRAP – Super/Pension account. Wecalculate your administration fee based on the balanceof your managed investments, fixed term deposits andlisted securities, but not your Cash Account.

Fee aggregationTo help keep your administration fees low, if you havemore than one PortfolioCare eWRAP – Super/Pensionaccount, we’ll automatically link them and combine thevalue of your managed investments, term deposits andlisted securities in your account when calculating youradministration fee.

To be eligible for aggregation, the accounts must beregistered under the same surname, date of birth,financial adviser and adviser code. There’s no limit tothe number of accounts that can be linked together forthe purpose of fee aggregation.

PortfolioCare eWRAP – Super/Pension is not eligible forour family group linking fee reduction.

TRUSTEE FEEThis fee is for our services in overseeing your account'soperations and providing access to your account'sinvestment options. It is applied to the balance ofmanaged investments, fixed term deposits and listedsecurities in your account for amounts under $3 million.Money in your Cash Account is excluded whencalculating this fee.

OTHER FEES AND COSTS

BROKERAGE FEESWhen you trade listed securities, the broker charges abrokerage fee. This is an additional cost to you.

INSURANCE FEES (SUPER ONLY)If you have insurance cover through your account, we’lldeduct your premiums from your Cash Account eachmonth. If you don’t have enough money in your CashAccount to pay for your premiums, the payment willcause the balance of your Cash Account to fall belowzero, and we’ll need to sell investments to top up youraccount.

If your total account balance is insufficient to fund yourpremiums you will need to add funds to your account oryour cover will lapse.

For information on insurance fees (premiums) andcharges, refer to AIA Australia’s Priority Protection forPlatform Investors (PPPI) insurance PDS or speak to yourfinancial adviser.

Further information about the available insurance optionsis set out at page 32 of this PDS.

ADVISER REMUNERATIONYou and your financial adviser must agree on the feesthat your financial adviser receives for the advice theygive you about your PortfolioCare eWRAP –Super/Pension account. This will be an additional costto you.

The full amount of any adviser fees (adjusted for GST) ispaid to your financial adviser.

Contribution feeThe contribution fee is an optional fee that can be appliedto your initial deposit(s) to your PortfolioCare eWRAP –Super/Pension account.

Any contribution fee is negotiable between you and yourfinancial adviser—between nil and 5.125%. If you don’tspecify a percentage contribution fee on your application,the contribution fee will be nil.

If you prefer, you can nominate a dollar amount, providedit doesn’t exceed 5.125% of the contribution.

Contribution fees do not apply to additionalcontributions.

One-off adviser feesYou may choose to pay your financial adviser a one-offflat dollar fee, charged to your account. Unless youspecify a fee, it won’t be charged.

The one-off fee can be charged more than once duringthe life of your account each time you agree this fee withyour financial adviser, but is limited to once a month. Itis deducted from your Cash Account in arrears at thebeginning of the next month after you specify this feeor, if applicable, at the time your account is closed. Ineach case, the one-off fee will only be charged if yourtotal account balance as at the end of the previous monthwas sufficient to cover the fee amount.

Ongoing adviser feesYou may also choose to pay your financial adviser aregular, ongoing amount, paid monthly in arrears. Thiscan be:

a flat dollar amounta flat percentage between 0% and 5% of the balanceof your total account balance, ora sliding scale based on the value of your totalaccount balance.

Your fee is calculated based on the value of shares,managed investments and cash in your account at theend of the previous month. If your account is open foronly part of the month, the fee is calculated based on thenumber of days it was open.

26

UNDERLYING FEES AND COSTS OFINVESTMENT OPTIONS

The fees and costs of any investment options selectedby you and your financial adviser are in addition to thefees we charge for accessing these investment options.

Details of the various types of fees and costs charged bythe underlying investment managers are set out below.

You can find an up-to-date list of the underlyinginvestment option fees and costs reflecting theunderlying investment option's PDS disclosure in theInvestment Options document.

For more detailed information about fees and costs of aparticular investment option, refer to the underlyinginvestment option’s PDS. Visit investoronline.info or callthe Customer Relations team on 1800 004 594 or yourfinancial adviser to obtain up-to-date copies.

MANAGEMENT COSTSManagement costs are the ongoing fees and expenses ofinvesting in an investment option and includemanagement fees, expense recoveries, performance fees(if applicable) and indirect costs.

Managers of the investment options generally expressmanagement costs as a percentage per annum of the netasset value of the investment option.

Term deposits and most listed securities do not havemanagement costs, however they may apply forAustralian real estate investment trusts (AREITs),exchange traded funds (ETFs), listed investmentcompanies (LICs) and listed investment trusts (LITs).

TRANSACTIONAL AND OPERATIONAL COSTSIn addition to management costs, transactional andoperational costs will generally be incurred when dealingwith the underlying assets of an investment option. Theyinclude brokerage, clearing costs, stamp duty, the buyand sell spreads of any underlying funds and certaincosts associated with holding derivatives or directinvestments in real property.

Transactional and operational costs will differ accordingto the types of assets held by the investment option andwhether they are traded in Australia or overseas.Transactional costs vary based on relative costs ofinvesting with a particular fund manager and/or aparticular type of investment.

Term deposits and most listed securities do not haveunderlying transactional and operational costs, howeverthey may apply for Australian real estate investmenttrusts (AREITs), exchange traded funds (ETFs), listedinvestment companies (LICs) and listed investment trusts(LITs).

BUY/SELL COSTSMost investment options, excluding listed securities andterm deposits, have buy/sell spreads. This is thedifference between the buy unit price and the sell unitprice and is the fund manager’s estimates of the costs ofbuying and selling assets of the investment option dueto investments and withdrawals from the fund.

When you invest in a managed fund we purchase theequivalent units for you at the buy price. Whendetermining your account value, we then value theseunits using the sell price, which is generally lower thanthe buy price. The buy/sell cost represents this reductionin value.

Buy/sell costs are additional costs to the investor andare reflected in the unit price and are not chargedseparately. They are not paid to us, they are used by thefund manager to meet transaction costs.

ADDITIONAL FEE AND COSTINFORMATION

TAXATION AND FEESFor superannuation accounts and pre-retirementallocated pension accounts, the actual amount of feesand costs you pay may be reduced by up to 15%. This isbecause superannuation funds currently receive a 15%tax deduction for deductible expenses. The benefit ofthis tax deduction is passed on to you. The fees and costsshown in the above table are before the 15% taxdeduction. There is no such reduction for allocatedpension accounts.

The fees described in the table of Fees and other costssection include, if applicable, GST less any reduced inputtax credits (RITC) where relevant.

There may be tax consequences in investing inPortfolioCare eWRAP – Super/Pension. We recommendyou check with your financial adviser or tax professional,as individual circumstances may differ and taxinformation may change in the future.

For more information about tax and your superannuation,please refer to the Understanding how your super andpension payments are taxed section on page 38, andsection 5 of the Additional information booklet.

FUND MANAGER PAYMENTSMembers of the AMP group may receive payments of upto 0.30% per annum (plus GST) from the fund managersof particular investment options available withinPortfolioCare eWRAP – Super/Pension.

The amount received (if any) may be based on the amountinvested with that manager, or on other factors. Thesepayments may change from time to time and are not anadditional charge to you.

SHARE TRADE SERVICE PAYMENTSAsgard may receive a service fee from their settlementagent or broker for introducing your business andproviding client services and transaction reporting foryour account. This can be up to 100% of the brokerageyou pay. It is not an additional charge to you.

NEGATIVE CASH ACCOUNT INTERESTIf the balance of your Cash Account falls below zero atany time, we charge interest on the negative balance atthe same rate as interest paid on positive Cash Accountbalances. See Negative cash balance on page 18 of thePDS for more information.

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CHANGES TO FEESUnder the Trust Deed, we can change the fees andcharges in this PDS, including increasing fees or addingnew fees, without your consent. If we do this, we’ll giveyou at least 30 days written notice of the change.

Investment fees may be varied at any time by aninvestment manager, without notice to you. You can findthe current fees and costs for your investment optionsin the investment option’s PDS.

Download the latest version of your investment option’sPDS from Investor Online.

SERVICES WE DON’T CHARGE FORThere are some services that are currently at no extracost to you, but which may incur fees in the future:

expense recoverysuper and family law – super splittingsplitting your contributions with your spouse, andprivacy information requests.

i For more information on these services, see section 7of the Additional information booklet.

EXAMPLE OF ANNUAL FEES ANDCOSTS

This table gives an example of how the fees and costsfor PortfolioCare eWRAP – Super/Pension can affect yoursuperannuation investment over a one-year period. Youshould use this table to compare this superannuationproduct with other superannuation products.

Balance of $50,000Example- PortfolioCare eWRAP –Super/Pension

For every $50,000you have in the

NilInvestment fees

superannuationproduct, you willbe charged $0each year.

And, you will becharged $544.25 in

$492($41.00 permonth)

Plus Administrationfees

administration

fees.1plus

0.1045%pa

And, indirect costsof $0 each year

0.00%paPlus Indirect costsfor thesuperannuationproduct

will be deductedfrom yourinvestment.

If your balancewas $50,000, then

Equals Cost ofproduct2

for that year youwill be chargedfeesof $544.25 for thesuperannuationproduct.

1 This amount comprises the administration fee and thetrustee fee. As your account balance increases, the totaladministration fee you pay as a percentage of youraccount balance will decrease due to the tieredadministration fee structure. In this example, as thebalance is less than $72,353, the minimum administrationfee of $41.00 per month applies

2 Additional fees and costs may apply, including adviserfees as agreed with your financial adviser and underlyingfees and costs for investment options - referto the additional examples of total annual fees andcosts on page 29.

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ADDITIONAL EXAMPLES OF TOTALANNUAL FEES AND COSTS

The following examples illustrate how the cumulativeeffect of the fees and costs of PortfolioCare eWRAP –Super/Pension, as well as the underlying fees and costsof certain types of investment options, can affect yoursuperannuation investment over a one-year period, andhow they can vary depending on the investment optionsyou select.

The actual fees and costs that you will be charged willdepend on your total account value, the investmentoptions you choose and the transactions you carry out,and these tables are produced for illustrative purposesonly.

Example 1 - Managed fund

Balance of $50,000Example – Experts’ ChoiceBalanced investment option

For every $50,000 youhave in the

$492($41.00 permonth)

Costof PortfolioCareeWRAP – superannuationSuper/Pension

product1product, you will becharged $544.25 eachyear.

plus

0.1045%pa

And, other costs of$555 each year will bededucted from yourinvestment.

1.11%paPlus Other costsfor theinvestmentoption2

If your balance was$50,000, then for that

Equals Totalfees and costs3

year you will becharged total fees andcosts of $1,099.25 forholding the Experts'Choice Balancedinvestment option.

1 This amount comprises the administration fee and thetrustee fee. As your account balance increases, the totaladministration fee you pay as a percentage of youraccount balance will decrease due to the tieredadministration fee structure. In this example, as thebalance is less than $72,353, the minimum administrationfee of $41.00 per month applies.

2 This amount comprises estimates of the management,transactional and operational costs for the Experts' ChoiceBalanced investment option based on last financial year.

3 Additional fees and costs may apply, including adviserfees as agreed with your financial adviser. And, a buy/sellcost of 0.49% applies whenever you invest in the Experts'Choice Balanced investment option (this will equal $24.50for every $5,000 you invest).

Example 2 - Term deposit

Balance of $50,000Example – St George TermDeposit


$492($41.00 permonth)



plus

0.1045%pa

And, other costs of $0each year will bededucted from yourinvestment.

NilPlus Other costsfor theinvestmentoption2



year you will becharged total fees andcosts of $544.25 forholding a St GeorgeTerm Deposit.


2 There are no underlying fees and costs for Term Deposits.3 Additional fees and costs may apply, including adviser

fees as agreed with your financial adviser. Buy/sell costsdo not apply to Term Deposits.

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Example 3 - Listed securities

Balance of $50,000Example – Listed shares inthe S&P/ASX 300 index


$492($41.00 permonth)



plus

0.1045%pa

And, other costs of $0each year will bededucted from yourinvestment.

NilPlus Other costsfor theinvestmentoption2



year you will becharged total fees andcosts of $544.25 forholding listed shares inthe S&P/ASX 300index.


2 There are no underlying fees and costs for listed shares,however underlying management, transactional andoperational costs may apply for AREITs, ETFs, LICs andLITs.

3 Additional fees and costs may apply, including adviserfees as agreed with your financial adviser. And, abrokerage fee will apply whenever you trade listedsecurities (this will equal $25 for every $5,000 you investin a single trade).

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DEFINED FEES

Activity fees

A fee is an activity fee if:

1. the fee relates to costs incurred by the trustee ofthe superannuation entity that are directly relatedto an activity of the trustee:1. that is engaged in at the request, or with the

consent, of a member; or2. that relates to a member and is required by

law; and

2. those costs are not otherwise charged as anadministration fee, an investment fee, a buy-sellspread, a switching fee, an exit fee, an advice feeor an insurance fee.

Administration fees

An administration fee is a fee that relates to theadministration or operation of the superannuation entityand includes costs that relate to that administration oroperation, other than:

1. borrowing costs; and2. indirect costs that are not paid out of the

superannuation entity that the trustee has electedin writing will be treated as indirect costs and notfees, incurred by the trustee of the entity or in aninterposed vehicle or derivative financial product;and

3. costs that are otherwise charged as an investmentfee, a buy-sell spread, a switching fee, an exit fee,an activity fee, an advice fee or an insurance fee.

Advice fees

A fee is an advice fee if:

1. the fee relates directly to costs incurred by thetrustee of the superannuation entity because of theprovision of financial product advice to a memberby:1. a trustee of the entity; or2. another person acting as an employee of, or

under an arrangement with, the trustee of theentity; and

2. those costs are not otherwise charged as anadministration fee, an investment fee, a switchingfee, an exit fee, an activity fee or an insurance fee.

Buy-sell spreads

A buy-sell spread is a fee to recover transaction costsincurred by the trustee of the superannuation entity inrelation to the sale and purchase of assets of the entity.

Exit fees

An exit fee is a fee to recover the costs of disposing ofall or part of members’ interests in the superannuationentity.

Indirect cost ratio

The indirect cost ratio (ICR), for a MySuper product or aninvestment option offered by a superannuation entity,is the ratio of the total of the indirect costs for theMySuper product or investment option, to the totalaverage net assets of the superannuation entityattributed to the MySuper product or investment option.

Note: A fee deducted from a member's account or paidout of the superannuation entity is not an indirect cost.

Investment fees

An investment fee is a fee that relates to the investmentof the assets of a superannuation entity and includes:

1. fees in payment for the exercise of care andexpertise in the investment of those assets(including performance fees); and

2. costs that relate to the investment of assets of theentity, other than:1. borrowing costs; and2. indirect costs that are not paid out of the

superannuation entity that the trustee haselected in writing will be treated as indirectcosts and not fees, incurred by the trustee ofthe entity or in an interposed vehicle orderivative financial product; and

3. costs that are otherwise charged as anadministration fee, a buy-sell spread, aswitching fee, an exit fee, an activity fee, anadvice fee or an insurance fee. 2

Switching fees

A switching fee for a superannuation products other thana MySuper product, is a fee to recover the costs ofswitching all or part of a member’s interest in thesuperannuation entity from one investment option orproduct in the entity to another.

2 Note: Investment fees do not include borrowing costs, property operating costs or certain transaction costs

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Your PortfolioCare eWRAP – Super account also offers a range of insurance options to help protect yourfinancial security and give you added peace of mind.

Insurance is an important part of any financial plan,helping to provide security for your family’s lifestyle ifyou should become seriously sick or injured, temporarilyunable to work, or even die.

PortfolioCare eWRAP – Super gives you the option ofapplying for insurance cover as part of your account. Youcan choose from:

Life Protection: pays a lump-sum to yourbeneficiaries if you dieTotal and Permanent Disablement (TPD) Protection:pays a lump-sum in the event of a disabling injuryor illnessIncome Protection: pays a regular income if you’retemporarily unable to work due to serious illnessor injury.

Taking out insurance through super may be acost-effective choice because your premiums are paidfrom your super contributions, rather than from after-taxpersonal income. Your financial adviser can help youdecide whether insurance suits your situation and whatlevel of cover you may need.

Insurance cover isn’t available with Pension accounts.

APPLYING FOR INSURANCE COVER

Insurance cover is available through AIA Australia’sPriority Protection for Platform Investors (PPPI)1.

To apply for insurance cover, you’ll need to obtain therelevant insurance PDS, available from your financialadviser or from pppi.aia.com.au. Please read it carefullyand consider your circumstances when deciding if thiscover is right for you.

If you’re accepted for cover, we’ll deduct your insurancepremiums from your PortfolioCare eWRAP – Super cashaccount.

INSURANCE BENEFIT PAYMENTS

Insurance cover is provided under insurance policiesissued by AIA Australia and is held by the Trustee.Insurance benefits that are payable from your insurancecover will be paid into your PortfolioCare eWRAP – Supercash account prior to being released by the Trustee. Toreceive the benefit, you’ll need to meet a condition ofrelease under superannuation law.

Download the latest version of AIA Australia’s PPPI PDSfrom pppi.aia.com.au.

1 The AIA Australia PPPI PDS is issued by AIA Australia Limited ABN 79 004 837 861, AFSL No. 230043.

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YOUR INSURANCE OPTIONS

We all want to make sure the people we care about will be looked after when we’re gone. Here’s someinformation on what happens to your investments if you die, and how to make sure benefits are distributedthe way you choose.

With PortfolioCare eWRAP – Super/Pension, you cannominate who you would like to receive yoursuperannuation benefits, including any insurance payout,if you die. Generally you can choose to pay the balanceof your PortfolioCare eWRAP – Super/Pension to one ormore dependants, or to your estate. If you have a pensionaccount, you can also opt to continue pension paymentsto a dependant you choose.

TYPES OF BENEFICIARYNOMINATIONS

You can make a:

Binding death benefit nomination: Trustee is boundto pay your benefit to whoever you have nominated,as long as your nomination is valid.Discretionary death benefit nomination: Trusteewill consider the nomination provided by you, buthas discretion to pay your benefit to one or moreof your dependants and/or your legal personalrepresentative in whatever proportion the Trusteedetermines.Reversionary death benefit nomination(PortfolioCare eWRAP – Pension only): Thereversionary nomination you select (automaticreversionary pension or discretionary reversionarypension) will determine if the Trustee is bound topay your benefit as a pension to whoever you havenominated.

Whichever option you choose, the Trustee must generallyensure that the benefits are paid to your dependants (asdefined in the Fund’s Trust Deed and applicablesuperannuation law) or your legal personalrepresentative.

If you don’t nominate a beneficiary, the Trustee willdetermine who receives your benefits.

You can make or change a death benefit nomination atany time after opening your account by contacting theCustomer Relations team on 1800 004 594, or by talkingto your financial adviser.

Where you do not have a binding death benefitnomination, you should consider making a will.

REVERSIONARY PENSIONS

If you have a Pension account, you can request that wecontinue to pay your pension to your beneficiary afteryour death. We call this a reversionary pension.

Generally, we can only pay a reversionary pension toyour spouse or, in some circumstances, your child. Areversionary pension will stop after the child reaches 25and will be paid as a lump sum, unless the child ispermanently disabled within the meaning of theDisability Services Act 1986.

Tax law places a cap on the total amount ofsuperannuation that you can transfer into pensionaccounts. This is known as the pension transfer balancecap and is $1.6 million as at 1 July 2017. The cap isindexed and may increase in the future. Reversionarypensions will be counted towards the transfer balancecap.

i For more information on how your benefit will be paidif you die, including definitions of ‘dependant’ and‘spouse’, see section 4 of the Additional informationbooklet.

WHAT HAPPENS TO YOURINVESTMENTS?

If we’re notified of your death, we’ll continue to maintainyour investments based on your previous instructionsuntil we receive different instructions from a validbeneficiary or your legal personal representative, asdetermined by the Trustee.

The Trustee will then pay the value of these investments(subject to any withdrawal restrictions) and anyinsurance benefits you have as outlined above. If youhave money invested in term deposits, it will remaininvested until it reaches the maturity date.

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HOW WILL THE BENEFIT BE PAID UPON DEATH?

PortfolioCare eWRAP – Super/Pension makes it easy to keep track of your investments, with 24-hour onlineaccess and detailed investment reports.

With PortfolioCare eWRAP – Super/Pension, you’ll have access to consolidated information on all your investments.Here’s how we keep you up-to-date:

Access information on your account anywhere, anytime, at investoronline.info.Investor Online

We’ll send you your log-on details when we open your account. Use them toaccess the website and view your account details, access documents, read investorcommunications, download forms and PDSs, and manage your account details.

You will receive an annual investor report, providing a clear picture of all yourinvestments, including your opening and closing balance, transaction history,

Investor Report

net earnings, and investment performance. Your investor report is available onInvestor Online.

The annual report for each financial year (to 30 June), with important informationfor members and fund financial statements, will also be available on InvestorOnline.

Annual Report

Your Annual Pension Review letter advises your pension limits for the comingyear. If you receive a payment while under 60 years of age during that year, we’llalso send you a PAYG Payment Summary to help you complete your income taxreturn.

Annual Pension Reviewletter and PAYG PaymentSummary (pensionaccounts only)

INVESTOR ONLINE

Investor Online is our online investor service, providing secure access to a range of information about your account– 24 hours a day, seven days a week.

Using Investor Online

Manage your accountView account information anytime, anywhere

Update account details in moments,including:

View detailed account and investment information, including:your account balance and transaction history at any point

changing your address, contactand email details

in timea list and value of investments held at any point in time

changing your PINyour pension details and a Centrelink Schedule (if applicable)adding your Tax File Number(TFN), and

your insurance detailsaccount activity

downloading forms.tax and distribution informationPDSs for your underlying investmentsperiodic reports, including your annual reportnotifications of material changes and significant eventsaffecting your account, andnotices of any changes to fees, including the introductionof new fees or increases to current fees or costs.

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KEEPING YOU UP-TO-DATE

ELECTRONIC NOTIFICATIONS, ESTATEMENTS AND ONLINE COMMUNICATIONS

ESTATMENTS AND ONLINE COMMUNICATION

You can view your correspondence, including reports, account actions and most letters, in the one secure location onInvestor Online via investoronline.info.

If you choose to receive your correspondence online, instead of via mail, you can:

save time – receive an eStatement notification email when something new is availablereduce paper – cut back on storage, clutter and help the environmentenjoy peace of mind – knowing your reports are stored securely onlineeasily access your correspondence – view, download or print anywhere, anytime, andswitch back to paper correspondence, at no extra cost at any time.

You can make the choice to receive correspondence online when completing your application, by notifying yourfinancial adviser, registering on Investor Online or calling us. As important information about your PortfolioCareeWRAP - Super/Pension account may be sent to the email address you nominate in your application, it’s importantthat you nominate your own current and active email address, and notify us immediately if your email address changes.

Refer to the Investor declarations, conditions and acknowledgments section for the terms and conditions applying toeStatements and online communications.

ELECTRONIC NOTIFICATION AND UPDATED INFORMATION

We may provide you with all information, including without limitation, any notification, disclosure documents or anyother documents for underlying managed investments (information), required or permitted to be given to you underSIS laws, the Corporations Act or any other relevant law:

where it is or may become permissible under SIS, the Corporations Act or any other relevant law, via yourfinancial adviser in writing or notice by email or other electronic communication (including by making it availableat Investor Online), anddirectly:

by email (including emails containing a hypertext link), andby other electronic communication (including documents containing a hypertext link or by making itavailable online at Investor Online).

If you’re:

a new investor, by making an application to open a PortfolioCare eWRAP – Super/Pension account, oran existing member, by giving an investment direction or switching request, using the regular buy feature, orby you (or someone on your behalf) making further contributions, on or after the date of this PDS you agree thatinformation can be provided to you in any of these ways.

WHEN WE SEND YOU DOCUMENTS

You agree we may give you documents and other communications by any of the methods specified below, includingby sending them to any address for you, your financial adviser or your representative provided by you, or that theadministrator reasonably believes is correct.

In this case, those documents and other communications are taken to be given if:

online, when availablesent by post (including a letter containing a reference to a website where the relevant document or othercommunication can be found), three business days after postingsent by fax, on production of a transmission reportsent by email (including an email containing a hypertext link to one or more documents), one business day afterthe email is sent, orgiven personally, when received.

You will also have access to the above information through your financial adviser and we may choose to send someor all of this information to you.

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ADVISERNET REPORTS FROM YOUR ADVISER

Through AdviserNET, our comprehensive online service for financial advisers, your adviser can give you extensiveinformation about your account, including unrealised capital gains estimates on PortfolioCare eWRAP – Super accountassets.

COMMUNICATION FROM INVESTMENT MANAGERS

When you invest through your PortfolioCare eWRAP – Super/Pension account, the investments are held in Asgard’sname, as custodian. This means you give up direct voting rights and generally can’t attend investor meetings. It alsomeans that investment communications (like annual reports and financial statements) from the investment managerare sent to Asgard.

CONTACTING US

You can also call our Customer Relations team on 1800 004 594, or send an email to [email protected].

36

mailto:[email protected]


Your privacy, your tax file number and other important things you need to know.

VERIFYING YOUR IDENTITY

Under superannuation law, we’re required to complywith the AML/CTF Act.

This means that, before we can accept you as a memberor pay you a pension or any other benefits from youraccount, we need to confirm your identity. So, when youapply for a PortfolioCare eWRAP – Super/Pension, we’llask you to provide certain identification information,including documents that verify your identity. If youhave an authorised representative to act on your behalf,we will also need to identify them.

Under the legislation, we’ll also need to confirm theidentity of your beneficiaries, anyone involved with yourestate, or anyone receiving a reversionary pension fromyou if you die.

We have the discretion to delay or refuse any transactionrequest if we think it may cause us to breach ourobligations under the AML/CTF Act, or cause us tocommit or participate in any offence. If we do this, youcan’t hold us liable for any inconvenience or loss youincur.

YOUR PRIVACY

We may collect personal information directly from youor your financial adviser.

The main purpose in collecting personal informationfrom you is so that we can establish and manage youraccount. If you do not provide the required information,we may not be able to process your application or provideyou with the products and services you have applied for.

We may collect personal information if it is required orauthorised by law including the Superannuation Industry(Supervision) Act 1993, the Corporations Act 2001 andthe Anti-Money Laundering and Counter-TerrorismFinancing Act 2006.

We may use your information for related purposes – forexample, providing you with ongoing information aboutfinancial services that may be useful for your financialneeds through direct marketing. These services mayinclude investment, retirement, financial planning,banking, credit, life and general insurance products andenhanced customer services that may be made availableby us, other members of the AMP group, or by yourfinancial adviser. Please contact us on 1800 004 594 ifyou do not want your personal information used for directmarketing purposes.

We may need to disclose your personal information toother parties, such as:

other members of the AMP groupyour financial adviseryour parent or guardian, if you are under age 18external service suppliers who may be located inAustralia or overseas, who supply administrative,financial or other services to assist the AMP groupin providing you with AMP financial services. Alist of countries where these providers are locatedcan be accessed via our Privacy PolicyThe Australian Taxation Office (ATO) to conductsearches on the ATO’s Lost Member Register forlost superyour spouse or another person who intends to enterinto an agreement with you about splitting yoursuper as part of a marriage separation or a de facto(including same sex) separation (the law preventsus from telling you if we received one of theserequests for information about your account)anyone you have authorised or if required by law.

Where you provide any information about one or moreother persons, you agree to obtain any such person’sconsent to the disclosure and to inform them of ouridentity and contact details as well as the informationset out in the Your privacy section, including:

the fact that we will collect, or have collected, theirinformation and the circumstances of that collectionwhy their information is collected by us and howit will be used and to whom it may be disclosed byus, andthat our privacy policy contains information about:

how the person may access their personalinformation and seek correction of suchinformationhow the person may make privacy complaintsabout us and how we will deal with such acomplaint.

Under the current AMP Privacy Policy you may accesspersonal information about you held by the AMP group.The AMP Privacy Policy sets out the AMP group’s policieson management of personal information, includinginformation about how you can access your personalinformation, seek to have any corrections made oninaccurate, incomplete or out-of-date information, howyou can make a complaint about privacy and informationabout how AMP deals with such complaints. The AMPPrivacy Policy can be obtained online at amp.com.au orby contacting us on 1800 004 594.

37

OTHER THINGS YOU NEED TO KNOW

TEMPORARY RESIDENTS LEAVINGAUSTRALIA

If you have entered Australia on an eligible temporaryresident visa, you can claim your super benefits onceyou have permanently left Australia. This option is notavailable to holders of subclass 405 and 410 visas,Australian and New Zealand citizens, or Australianpermanent residents.

If you don’t claim your benefit within six months ofleaving Australia, your benefit may be paid as unclaimedsuper to the ATO. If this happens, we won’t send you anotification or exit statement, but you can claim yourmoney directly from the ATO. Visit ato.gov.au for details.

Relying on relief provided by the Australian Securitiesand Investments Commission, the Trustee is not obligedto notify or give an exit statement to a member who wasa temporary resident where we transfer their super tothe ATO following their departure from Australia.

YOUR TAX FILE NUMBER

Your tax file number (TFN) is confidential. So before yougive us your TFN, we are required to tell you how we’lluse it and keep it secure.

TAX FILE NUMBER NOTIFICATION

Under the Superannuation Industry (Supervision) Act1993, the Trustee of your super fund is authorised tocollect your TFN, which will only be used for lawfulpurposes.

These purposes may change in the future as a result oflegislative change. The Trustee of your super fund maydisclose your TFN to another super provider when yourbenefits are being transferred, unless you request theTrustee of your super fund in writing that your TFN notbe disclosed to any other super provider.

It is not an offence not to quote your TFN. However, ifyou don’t give us your TFN, you won’t have access tomany of the benefits of your account.

Giving us your TFN will have the following advantages,which may not otherwise apply:

Your superannuation fund will be able to acceptall types of contributions to your account/s;The tax on contributions to your superannuationaccount/s will not increase;Other than the tax that may ordinarily apply, noadditional tax will be deducted when you startdrawing down your superannuation benefits, andIt will make it much easier to trace differentsuperannuation accounts in your name so that youreceive all your superannuation benefits when youretire.

i For more information on your TFN, see section 5 of theAdditional information booklet.

UNDERSTANDING HOW YOUR SUPERAND PENSION PAYMENT ARE TAXED

As an incentive to save for your retirement, the supersystem offers some attractive tax advantages, includinga low tax on earnings while invested in super, no tax onearnings in an allocation pension after retirement, anda low tax rate on contributions, depending on yourindividual circumstances.

Generally, you’ll pay tax on:

contributions to your super accountinvestment earnings while invested in a superaccount (to a maximum of 15%), andwithdrawals from super before you turn 60.

Tax laws are complex and everyone’s situation isdifferent, so it’s important to consult your financialadviser or a taxation professional to understand the taximplications of your PortfolioCare eWRAP – Super/Pension account.

Depending on the account you hold, you’ll need to beaware of:

PensionSuper

tax payable whenstarting a pension

contributions taxcontributionlimits tax on pension

paymentscontributionsurcharge tax on investment

earningstax on investmentearnings (pre-retirement

allocated pensions)tax deductionstax on investmentearnings

untaxed elementslump-sumwithdrawals. untaxed elements

lump-sumwithdrawals.

i For more information on the above important areasof taxation, see section 5 in the Additional informationbooklet.

PAYMENT TO AN ELIGIBLE ROLLOVERFUND

An Eligible Rollover Fund (ERF) is a special type of superfund that is able to accept benefits that are transferredfrom another super fund without a member’s consent.

We may transfer your benefits to this fund if the value of your account is less than $2,000. Once your benefit is transferred into an ERF, you will no longer have access to the PortfolioCare eWrap Super and Pension product.

i For more information on ERF transfers, see section 7 inthe Additional information booklet.

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CONSOLIDATION OF MULTIPLEACCOUNTS

Each year the Trustee will identify and review memberswho have multiple accounts within the Fund. Where theTrustee reasonably determines that it is in the bestinterest of the member, the member's accounts will beconsolidated and the member will receive an exitstatement. Members may be provided the opportunityto choose not to consolidate their accounts.

COOLING-OFF PERIOD

A 14-day cooling-off period applies to your initialinvestment in PortfolioCare eWRAP – Super/Pension.During this period, if you decide that this product doesnot meet your needs, you can simply tell us in writingand we’ll refund your investment.

The amount we refund will be reduced or increased formarket movements in your chosen investment options.We’ll also deduct any tax or duty incurred and areasonable amount for transaction and administrationcosts. As a result, the amount returned to you may beless than your original investment.

If the underlying fund manager has imposed redemptionrestrictions on a selected investment option, there maybe a delay in returning your funds to you.

The cooling-off period starts either when you receiveconfirmation of your membership or five business daysafter your application is accepted—whichever is earlier.

If you have rolled over or transferred funds intoPortfolioCare eWRAP – Super/Pension from another superfund, retirement savings account (RSA) or approveddeposit fund (ADF), we can’t directly refund anypreserved or restricted non-preserved funds to you.Instead, we’ll need to roll over or transfer these amountsto a super fund, RSA or ADF you nominate.

You cannot apply for a refund of your investment inPortfolioCare eWrap – Super/Pension if you haveexercised any rights or powers available under the termsof this product.

MAKING AN ENQUIRY OR COMPLAINT

If you have an enquiry, contact your financial adviser orPortfolioCare Customer Relations team on 1800 004 594from anywhere in Australia.

If you have a complaint, please let us know by writingto:

The Complaints Officer

PortfolioCarePO Box 7229Perth Cloisters Square WA 6000

Include in your letter the exact nature of your complaint,your name and your PortfolioCare eWRAP – Super/Pension member number. We are required to addressyour complaint within 90 days of receipt.

If you are not satisfied with our resolution or handlingof your complaint, you may contact the SuperannuationComplaints Tribunal (SCT). The SCT is an independentbody set up by the Federal Government to help membersor their dependants resolve super complaints. You mayonly approach the SCT if you have first been through theFund’s internal complaint procedure. Time limits applyto certain complaints to the SCT. If you have a complaint,you should contact the SCT immediately to find out if atime limit applies.

The SCT can be contacted as follows:

Address: Superannuation Complaints TribunalLocked Bag 3060MELBOURNE VIC 3001

Phone: 1300 884 114

Website: sct.gov.au

ADDITIONAL INFORMATION BOOKLET

You can find more information on these topics in theAdditional information booklet:

family law and supersupply of member information to the ATOthe Trust Deedthe relationship between the Trustee and somecompanies in which the Fund will invest, andthe relationship between the Trustee and someservice providers.

REGULATED SUPER FUNDCERTIFICATION FROM THE TRUSTEE(TO BE SHOWN TO ANYCONTRIBUTING EMPLOYER)

The Trustee has been granted a RegistrableSuperannuation Entity (RSE) Licence by the AustralianPrudential Regulation Authority (APRA). The RSE Licencenumber is L0002523.

The Trustee has registered the fund as an RSE withAPRA. The registration number for the fund is R1055610.

The fund is:

a resident regulated super fund within the meaningof the SIS lawsnot subject to a direction under section 63 of SISlaws, andhas never previously been subject to a directionunder section 63 of SIS law.

The Trustee therefore confirms that the fund is acomplying super fund under Part 3-30 of the Income TaxAssessment Act 1997.

39

BY COMPLETING AND SIGNING THE APPLICATION YOU:

Acknowledge that:

1. Despite anything else in this section, your adviser may have remedies under either the Australian Securitiesand Investments Commission Act 2001 or the Australian Consumer Law if the services provided to you inconnection with the Online Transactions are not of the appropriate standard.

2. Except to the extent required by law or as set out in paragraph (1) above, we make no representations orwarranties express or implied that Online Transactions is fault free or as to the continuity, functionality, reliabilityor efficiency of Online Transactions or the suitability of Online Transactions to you. You agree to your financialadviser lodging instructions in this manner at your own risk and solely in reliance on your own judgment andnot upon any warranty or representation made by us.

3. Except to the extent required by law or as set out in paragraph (4) below, we will not be liable to you in contract,tort or otherwise (whether negligent or not) and you will not have any cause of action against or right to claimor recover from us for or concerning any loss or damage of any kind at all (including consequential loss or damageand including but not limited to loss of profits and business interruption) caused directly or arising indirectlyout of:a. your financial adviser’s use of Online Transactions or any part of it,b. any inaccuracy, defect, unintended inclusion, malfunction, default, error, omission, loss, delay or breakdown

in Online Transactions,c. any suspension of Online Transactions or your financial adviser’s access to Online Transactions,d. any delay in the lodgement of, or execution of instructions submitted electronically by your financial

adviser due to systems faults, communication failures or any other circumstance outside our reasonablecontrol relating to the use of or ability to operate Online Transactions,

e. any delay in the execution of instructions arising from us following our standard procedures in the usualcourse of business including, without limitation, ensuring the instructions do not contravene any investmentor other requirements,

f. any breach of the AdviserNET Online Transactions Agreement by your financial adviser or any error oromission made by your financial adviser with respect to the use of Online Transactions, including, but notlimited to, the completion of instructions and their submission and the order in which your financial advisersubmits them,

g. the order in which we process instructions submitted by your financial adviser,h. the processing of an instruction submitted by your financial adviser electronically using AdviserNET which

contradicts an instruction lodged in paper format with us,i. any failure by your adviser or you to provide, update or correct any information about you displayed on

AdviserNET, and as a result, any delay or error by us in processing, updating or correcting any informationabout you that is provided to us,

j. your financial adviser’s failure to comply with reasonable instructions, documented practices relating tothe electronic submission of instructions or training material provided by us from time to time,

k. the execution of transactions by or involving third parties,l. Online Transactions not functioning in the manner contemplated by your financial adviser where the

instruction is complex or your account is complex,m. our rejecting or returning an instruction submitted via Online Transactions and may at any time require

your financial adviser to lodge the instructions in paper format,n. any breach by your financial adviser of the Corporations Act 2001; oro. any other act, matter, thing or condition beyond our reasonable control relating to the use of or ability to

operate Online Transactions,

except where caused by our gross negligence, fraud or wilful misconduct.

4. Where liability may not be excluded at law (for example, as mentioned under paragraph (1) above, our liabilityis limited, in our discretion:a. in the case of the supply of services - to the re-supply of those services or to payment of the cost of

re-supplying those services.

We will effect investment transactions, within our capacity to do so, as part of the investment process.We reserve the right to reject deposits at our discretion.

40

PORTFOLIOCARE INVESTOR DECLARATIONS, CONDITIONS AND ACKNOWLEDGEMENTS

All withdrawals are subject to any investment managers’ withdrawal restrictions.Except as expressly disclosed, we do not guarantee the capital amount invested or the performance of theinvestments which have been selected.We retain the right to establish and change any procedures we consider necessary or desirable to best manageyour PortfolioCare eWRAP – Super/Pension account. We will normally provide you with at least 30 days noticeof any such establishment or change if it is likely to have a material, adverse impact on you.You have instructed your financial adviser to lodge investment and other instructions with us on your behalfelectronically via AdviserNET (an online e-commerce facility), using the AdviserNET Online Transactions Facility(Online Transactions).By instructing your financial adviser to do so, you agree to the following terms and conditions:

We need not act on instructions if:1. in our reasonable opinion they are invalid or otherwise cannot be given effect under these terms and

conditions;2. we reasonably doubt their authenticity;3. acting on them would in our opinion be impracticable;4. we suspect that they do not comply with any relevant security or administrative requirement;5. your account is suspended, or6. they were received after we had decided to terminate your account,

and we will not be liable for failing to so act or for acting despite one of the above circumstances existing.

We may provide confirmations of transactions on a transaction-by-transaction basis or by means of a standingfacility, and may change from one means to another. You agree that confirmations may be provided by eithermeans.We are not aware of your investment objectives, financial position and particular needs. Accordingly, the provisionof products available through the account should not be taken as the giving of investment advice by us.There may be changes to the investment options or other changes within PortfolioCare eWRAP Super/Pension,including the addition, removal or withdrawal of investment options. In the case of significant changes, we willnotify you electronically (see Electronic notifications, estatements and online communications on pages 35 and36 for more information about electronic notification) or via your financial adviser (where it is or may becomepermissible under superannuation law).At the time further investments are made by us on your behalf into a managed investment in which you alreadyhave an investment, you may not have received:

the current PDS for the managed investment, orinformation about material changes and significant events that affect the managed investment (that theresponsible entity of the managed investment is required to give a person who acquired an interest in themanaged investment directly, unless exceptions apply).

You have read and understood the Important information on the inside front cover of this PDS.You have read and understood the Privacy statement on page 37 of this PDS, and you consent to the collection,maintenance, use and disclosure of personal information in accordance with the privacy statement. When youprovide information about another individual, you declare that the individual has been made aware of that factand the contents of the privacy statement. You also declare you have the authority of each principal, companyofficer or partner that you purport to represent.If your employer subscribes to a SuperStream employer portal (eg to pay contributions), they may lodgecertain instructions on your behalf electronically. You agree to your employer lodging instructions in this manner,and acknowledge we bear no liability, nor are we in anyway responsible for the conduct of your employer. Thisfacility is only provided to your employer on the condition that the information they provide (and paymentsmade) are to give effect to them meeting their superannuation obligations on your behalf. We are not liable forany loss arising from the use of this facility.Your rights in relation to your account are governed by the terms of the Trust Deed dated 13 November 1995, asamended from time to time (a copy is available free from us) governing the operation of the eWRAP Super accountand eWRAP Allocated Pension account, and you agree to be bound by such terms.You’re aware of the following details:

We can collect your TFN under the Superannuation Industry (Supervision) Act 1993.When you or your employer provide your TFN to us, it will only be used for legal purposes. This includesfinding or identifying your superannuation benefits where other information is insufficient, calculatingtax on any eligible termination payment you may be entitled to, and providing information to theCommissioner of Taxation (amongst other things to enable the Commissioner of Taxation to assess anysurcharge payable on superannuation contributions made by or for you). These purposes may change inthe future.It is not an offence if you choose not to quote your TFN. However if you or your employer don’t provide uswith your TFN, either now or later, you may pay more tax on your benefits than you have to, AND a surcharge(which may not have been payable if you had provided your TFN) may be payable on contributions madeby or for you. In some circumstances, the surcharge may be reclaimed through the ATO. It may also be

41

more difficult to locate or amalgamate your superannuation benefits in the future to pay you any benefitsyou are entitled to. Also, we will not be able to accept all types of contributions to your account if we donot have your TFN. These consequences may change in the future.If you or your employer supply us with your TFN, we may provide it to the trustee of another superannuationfund or to a retirement savings account provider that is to receive your transferred benefits in the future.However, we will not pass your TFN on to such a trustee or retirement savings account provider if you tellus in writing that you don’t want us to do so. We may also give your TFN to the Commissioner of Taxation.Otherwise your TFN will be treated as confidential.

Confirm that:

If you are making a deposit to your account in the PortfolioCare eWRAP Super account, including a deposit tobe converted into a rollover and deposited into an account in PortfolioCare eWRAP Pension, you are eligible todo so under superannuation law as set out in the table in section 1 of the Additional information booklet.If an eligible spouse contribution has been made to your account, you are either in a de facto relationship withyour spouse or are legally married or living together on a bona fide domestic basis, and your spouse is not entitledto a tax deduction for the contribution.You authorise us to give information relating to your account and investments in your account (includingdisclosure documents for those investments) to your financial adviser, and acknowledge that your financialadviser is your agent for the purpose of receipt of this information.Your use of the services we provide will not breach any law of Australia or any other country.We will not be liable to you or any other person for any loss or damage of any kind that may be suffered as aresult of us exercising any of these rights, andAdviser fees you instruct us to deduct from your account and pay to your financial adviser are for advice andservices provided by your financial adviser in relation to your eWrap Super/Pension account.

Agree:

To provide us with any information we may request which relates to your membership of the account, and youfurther undertake that, should any information you provide change, you will notify us of this change as soon asreasonably possible.That if accessing Investor Online, to be bound by the Investor Online terms and conditions, as amended fromtime to time. You will accept those terms and conditions when you use the service.That if accessing a SuperStream employer portal, to be bound by the employer portal terms and conditions, asamended from time to time. You will accept those terms and conditions when you use this service.That changes to fees and costs, including fees and costs for underlying investments, may be accessed by youthrough Investor Online, and that you should only make an investment decision after accessing that information.That it is a condition of your participation in eWRAP – Super/Pension, including our acceptance of contributionsor instructions by or for you relating to your participation in eWRAP – Super/Pension, that:

we may rely on any information (‘Information’) given to us by or for you, including information in relationto your contributions or your TFN, andwe are not required to inform you of your capacity to contribute to eWRAP – Super/Pension or theconsequences (including adverse consequences) to you, if you:

make or do not make contributions to eWRAP – Super/Pensiondo not provide information, orprovide incomplete information

you comply with any other conditions which are notified to you by us which we reasonably believe arenecessary or desirable for compliance with the new tax laws (super simplification tax changes), andyou consent to the Trustee and Asgard deducting and paying adviser fees to your financial adviser (or totheir dealer group who will receive the payment on behalf of your financial adviser) from your account onyour behalf, as a remuneration for financial advice and related services that your financial adviser providesin relation to your account.

TAX FILE NUMBER

We are required to provide you with the following information before you supply your TFN. Your TFN is confidential,and you should be aware of the following details before you decide to provide it:

We can collect your TFN under the Superannuation Industry (Supervision) Act 1993.If you do provide your TFN to us, it will only be used for legal purposes. This includes finding or identifying yoursuperannuation benefits where other information is insufficient, calculating tax on any rollover you may beentitled to, and providing information to the Commissioner of Taxation. These purposes may change in thefuture. We may use your TFN and other relevant information to undertake searches of the lost members register

42

and other records held by the ATO and obtain information about superannuation benefits you may have withother superannuation providers.It is not an offence if you choose not to quote your TFN. However, if you do not provide us with your TFN, eithernow or later, you may pay more tax on your benefits than you have to. You may also pay the highest marginaltax rate on employer contributions and the taxable component of withdrawals. You will also be unable to makepersonal contributions to your account. It may also be more difficult to locate or amalgamate your superannuationbenefits in the future to pay you any benefits you are entitled to. These consequences may change in the future.Where the contribution has been made in respect of insurance cover, and we are obliged to return the contribution,then your insurance cover will automatically lapse without further notification to you.If you supply us with your TFN, we may provide it to the trustee of another superannuation fund or to a retirementsavings account provider, where that retirement savings account provider or trustee is to receive your transferredbenefits in the future. However, we will not pass your TFN to such a trustee or retirement savings accountprovider if you tell us in writing that you don’t want us to. We may also give your TFN to the Commissioner ofTaxation. Otherwise your TFN will be treated as confidential.

TERMS AND CONDITIONS FOR ESTATEMENTS AND ONLINE COMMUNICATIONS

Where you elect to receive communications from us online via Investor Online, you agree:

to receive the communications you have requested electronically by regularly accessing them using InvestorOnlinethat registration, access to, and delivery of eStatements and online communications via Investor Online is at noextra costto register or be registered and remain registered as a user of Investor Onlineany communication given to you online by making it available to you to access via Investor Online will be takento be delivery of the communication to you one business day after the email has been sent to your nominatedemail address that the communication is availablewe will send an eStatement notification email to your nominated email address when a communication isavailable for you to access via Investor Onlineyou have provided your nominated email address in your application, through your adviser or via Investor Onlineand you (or your financial adviser, on your behalf) are responsible for notifying us of any change to your nominatedemail addressthe nominated email address you have provided is your ownto ensure we can deliver your eStatements, any change to your email address must be submitted before theeffective end date of the upcoming report (eg 30 June)we’ll automatically cancel your request for eStatements and online communications and switch you back topaper communications sent via mail if we’re unable to successfully deliver emails to your nominated emailaddress because it is not validto resume eStatements after being switched back to paper communications, you will need to opt-in to onlinecommunications again and provide us with a valid email addressyou will be able to access such communications at any time while your account is open and you have access toInvestor Onlineto keep your nominated email address current and active to ensure your mailbox can receive email notificationsfrom us (eg there must be sufficient storage space available in your inbox)to ensure your mailbox junk mail and spam filters allow emails to be received from usto tell us as soon as possible if you are unable to access your email, Investor Online or your eStatements for anyreasonto regularly check for delivery of your eStatements regardless of whether or not you have received an emailnotificationto take reasonable and appropriate security measures in relation to your computer and email accessyou can download a copy of any such communication free of chargewe will send you a free paper copy of any such communication, at your requestwe may give you any communication in any other method permitted by lawyou may cancel your request to receive online communications at any time, however, you acknowledge that itmay take up to two days for us to process your cancellation request and recommence sending you papercommunications via mailwe may at any time vary, suspend or cancel your access to eStatements and online communications via InvestorOnline. If we do this, we will provide notice to your nominated email address as soon as is reasonably practicableand will resume sending you paper communications via mailwe will notify you of any change to these terms and conditions either by email to your nominated email address,via Investor Online or by mailwe are not responsible for any losses whatsoever (including consequential loss) arising from unauthorised accessto your email account, your inability to access your email account or because we have had to cancel your accessto eStatements and online communications and resume sending you paper communications via mail, andwe are not responsible for any costs associated with updating, modifying or terminating your software orhardware to enable you to access eStatements or Investor Online.

43

Distributed byHillross FinancialServices LimitedABN 77 003 323 055Level 11, 33 Alfred StreetSYDNEY NSW 2000Telephone: 1800 445 767Facsimile: 02 9257 9281

Administrator and custodianAsgard Capital Management LtdABN 92 009 279 592AFSL No. 240695

TrusteeN.M. Superannuation Proprietary Limited

Registered office33 Alfred StreetSYDNEY NSW 2000

Correspondence toPortfolioCarePO Box 7229Perth Cloisters Square WA 6000

Customer Relations teamTelephone: 1800 004 594

2140

0 9/

17

CONTENTSPageSection

2What kind of contributions do we accept?1

6When can you access your superannuation?2

7What about pension payments?3

10How will we pay your beneficiaries?4

13What about taxation?5

17What are the risks?6

21What else do you need to know?7

This booklet provides additional information and formspart of the PortfolioCare eWRAP Super/Pensionproduct disclosure statement (PDS). You should readthis document in conjunction with the PDS beforemaking a decision about PortfolioCare eWRAPSuper/Pension.

You can access and print this document and the PDSfrom amp.com.au/portfoliocare. You can also obtaina paper copy at no extra cost by contacting yourfinancial adviser or the Customer Relations Team on1800 004 594.

THROUGHOUT THIS BOOKLET

To be read asReferences to

A member of PortfolioCare eWRAP –Super/Pension, and anyone youauthorise to act on your behalf.

Member or you

In respect of a member, the value ofthe underlying investments (includingcash) held by the trustee on themember’s behalf.

Accountbalance

A financial adviser holding anAustralian Financial Services (AFS)

Financialadviser

Licence or acting as an authorisedrepresentative of a licensee.

Wealth Personal Superannuation andPension Fund ABN 92 381 911 598 ofwhich PortfolioCare eWRAPSuper/Pension are a part.

Fund

AMP Limited ABN 49 079 354 519 andits Australian subsidiary companies, NMMT Limited ABN 42 058 835 573,

AMP, our, weor us

AFS Licence No. 234653 and N.M.Superannuation Proprietary Limited(NM Super) ABN 31 008 428 322, AFSLicence No. 234654., or Asgard CapitalManagement Limited (Asgard), ABN92 009 279 592,AFS Licence No.240695, as the administrator andcustodian, acting solely in its capacityas agent of the Trustee, as the contextrequires.

PortfolioCare eWRAP – InvestmentOptions document, lists the InvestmentOptions available through PortfolioCareeWRAP – Super/Pension.

InvestmentOptionsdocument

® Registered trademark of Hillross Financial Services Limited ABN 77 003 323 055 AFS Licence No. 232705Issued by N.M. Superannuation Proprietary Limited (NM Super) ABN 31 008 428 322, AFSL No. 234654. NM Super is the Trustee of the Wealth PersonalSuperannuation and Pension Fund, ABN 92 381 911 598.

1

PORTFOLIOCARE®

eWRAP – SUPER/PENSIONADDITIONAL INFORMATION BOOKLETIssue No.5, 1 July 2020

https://www.amp.com.au/portfoliocare

SECTION 1 – WHAT KIND OF CONTRIBUTIONS DO WEACCEPT?

CONTRIBUTING TO YOUR SUPER ACCOUNT

PortfolioCare eWRAP – Super accepts all contributions allowed by law, subject to product minimums, age and workingrequirements and other factors:

Your ageTFN required?Special formrequired?

Type ofContribution

Age 75 andolder1

67 to 74Under age 67

YesYesYesNo2NoSuper guarantee

YesYesYesNo2NoAward

NoYes, ifrequirements met.3

YesNo2NoSalary sacrifice


YesNo2NoEmployerVoluntary


YesYesNoPersonal


YesYesNoSpouse


YesYesYes - Contributionsfor personal injuryform4

Personal injury


YesYesYes - Capital gainstax cap electionform4

CGT Smallbusiness

YesYesNo5YesYes - Downsizercontribution intosuper form4

Downsizer

No6Yes6YesYesNoCo-Contributions

YesYesYesYesNoLow IncomeSuper Tax Offset

YesYesYesNoNoRollovers

1 Certain contributions can be accepted up until 28 days after the month in which you turn 75, provided you meet the gainfulemployment requirements (explained on the following page).

2 While the fund doesn’t need your TFN to accept this type of contribution, an additional 32% tax will apply to the contribution ifwe do not hold a valid TFN.

3 Refer to the following page for more information on gainful employment requirements.4 The form needs to be lodged with or prior to the contribution. The form and further details on this contribution type are available

at ato.gov.au.5 Downsizer contributions can be accepted from age 65.6 While the fund can accept a Government Co-Contribution at any age, to be eligible to receive a Co-Contribution you need to be

aged less than 71 at the end of the financial year in which your personal contribution was made.

2

https://www.ato.gov.au

THE GAINFUL EMPLOYMENTREQUIREMENTSTo contribute to super between the ages of 67 and 74 youmust generally meet gainful employment requirements(more commonly known as the work test), or you met therequirements of the work test exemption.

You are gainfully employed if, at the time of thecontribution, you have worked for gain or reward forat least 40 hours within a period of 30 consecutivedays in that financial yearYou meet the requirements of the work testexemption:

You aren’t gainfully employed in the financialyear you make the contribution, andYou were gainfully employed in the previousfinancial year, andYour Total Super Balance was below $300,000on 30 June of the previous financial year, andYou have not previously made contributions tosuper under the work test exemption.

ALL ABOUT CONTRIBUTIONS

TYPES OF CONTRIBUTIONSYour PortfolioCare eWrap Super account can acceptcontributions from:

youyour employeryour spouse, andthe government.

CONTRIBUTIONS FROM YOUYou can make personal or member contributions to youraccount directly. Contributions from your pre-tax salary(salary sacrifice contributions) are treated as employercontributions (see “Contributions from your employer”below). The Australian Tax Office (ATO) treats all personalcontributions, in the first instance, as non-concessionalcontributions and adjusts the contributions to concessionalif a tax deduction is successfully claimed in your incometax return. Refer to the What about taxation section forfurther information on claiming a tax deduction on yourpersonal contributions.

CONTRIBUTIONS FROM YOUR EMPLOYEREmployer contributions include Superannuation Guarantee(SG), award, salary sacrifice and voluntary employercontributions. All employer contributions will count againstyour concessional contributions cap.

You can generally choose your own super fund for SGcontributions. You should seek advice from your payrollarea or your financial adviser to see whether choice of fundapplies to you.

If choice of fund does apply to you, and you'd like youremployer to make all future SG contributions to yourPortfolioCare eWrap account, then complete the standardchoice form and return it to your employer. You can obtaina standard choice form from your adviser or you can use

the form you would have received from your employer.Alternatively you can contact the Customer Relations Teamon 1800 004 594.

If you choose to direct contributions away from yourPortfolioCare eWrap Super account, your insurance covermay be affected.

CONTRIBUTIONS FROM YOUR SPOUSEThese are contributions paid by your spouse into youraccount. Your spouse does not need to be a member of theFund to make spouse contributions. Spouse contributionsare counted against your non-concessional contributionscap.

CONTRIBUTIONS FROM THEGOVERNMENTIf you are eligible, the government may make certaincontributions to your account. For full details ongovernment contributions such as the co-contribution andlow income superannuation tax offset, visit ato.gov.au.

OTHER CONTRIBUTIONS‘Special’ personal contributionsThere are three types of contributions that you can makewhich will not be counted against your non-concessionalcap or concessional cap provided you meet the eligibilityrequirements, and don’t exceed any limits that apply. Eachcontribution type has a unique set of eligibilityrequirements, and you can make these contributions intoyour account:

Capital Gains tax (CGT) exempt contributions(lifetime limit of $1,565,000 in 2020/21)Contributions from the proceeds of personal injurypayments (no cap or limit)Downsizer contributions (currently a lifetime limit of$300,000).

If you wish to make these types of contributions, you needto provide the fund with a special form before or at thetime of making the contribution. For eligibility details andfor the required forms visit ato.gov.au. If the form has notbeen received by the time the contribution is accepted,the contribution will be assessed against yournon-concessional contributions cap.

Third party contributionsYour PortfolioCare eWrap Super account can acceptcontributions from third parties (anyone who is not you,your employer, your spouse or the ATO). Thesecontributions will count against your concessionalcontributions cap.

3



SUPERANNUATION CONTRIBUTIONSSPLITTING

As a member of the Fund, you may elect to splitcontributions with your spouse. The maximum amount ofcontributions that can be split is the lesser of 85% of yourconcessional contributions (which includes SG and salarysacrifice contributions) and your concessional contributionscap.

The following types of contributions can be split:

SGsalary sacrificedeductible personal contributionsvoluntary employer contributions.

Generally, you can split contributions with your partner if they are under their preservation age, or between theirpreservation age and age 64 and not retired undersuperannuation law and if:

you are marriedyou are in a relationship that is registered undercertain state or territory laws, including same sexrelationships, oryou are of the same or of a different sex, and thatperson lives with you on a genuine domestic basisin a relationship as a couple (known as a ‘de factospouse’).

You have until 30 June of each year to split contributionsfor the previous financial year. You can also splitcontributions for the present financial year, only if yourentire benefit is being withdrawn before the end of thatfinancial year as a rollover, transfer, lump-sum benefit orcombination of these.

Full details about how to split contributions with yourspouse are available on the Super Contributions SplittingApplication form, which is available from your financialadviser or the Customer Relations team on 1800 646 234.Alternatively, you can visit ato.gov.au.

HOW TO DEPOSIT FUNDS INTO YOURSUPER ACCOUNT

HowType

Contribution1 Direct debit – one-off or by settingup a regular deposit plan from abank account selected by youBPAY®ChequeForwarding to us your superguarantee notification or othernotice of entitlement tosuperannuation guaranteeshortfall payments2

Superstream online portal(employer contributions only)3

Receipt of payments directly fromthe ATO (for example,Government contributions)

HowType

Rollover froma complyingsuper fund

ChequeElectronic funds transfer (EFT)from another superannuation fundIn-specie transfer of managedinvestments and/or listedsecurities held through a non-PortfolioCare super/pensionaccountTransferring investments heldthrough an existing super accountheld through PortfolioCare (alsoreferred to as an internal transfer)

If you would like us to facilitate therollover on your behalf, we will need youto complete the Transfer Authority formin the application booklet.

1 All employers need to pay super contributions through amethod that meets the SuperStream rules.Visit the ATOwebsite at ato.gov.au for more information on waysemployers can make contributions that comply with theSuperstream requirements.

2 These types of contributions are credited to your eWRAPSuper account after they are processed by the ATO, whichmay take some time.

3 A Superstream online portal is an internet based solutionthat enables employers to make electronic contributionsdirectly into an employee’s super account.

CONTRIBUTION METHODSYou can make a contribution into your account by directdebit (one off or regular), BPAY® or cheque.

By cheque

Make the cheque payable to ‘PortfolioCare eWRAP – SuperAccount (Name of investor)' and cross them ‘Notnegotiable’.’ - for example ‘PortfolioCare eWRAP – SuperAccount (John Smith)’.

The cheque must be accompanied by an application form(if the cheque relates to an initial deposit) or a ContributionRemittance Advice form.

You need to mail the cheque and the relevant formto: PortfolioCare, PO Box 7229, PERTH, CLOISTERSSQUARE WA 6000.

By one off direct debit

If you wish to make your initial deposit by way of directdebit, you need to complete the relevant section of theapplication form along with the Direct Debit Request form.You can send these forms to us or your financial advisercan submit them for you online using AdviserNET. Yourfinancial adviser can also submit additional one-off directdebit requests on your behalf on AdviserNET. Each directdebit must be for an amount of at least $100.

Regular direct debit or deposit plan

You can set up a regular deposit plan and make regularpayments from a bank account selected by you by directdebit. Your financial adviser can establish and manage thisfor you online using AdviserNET.

® Registered to BPAY Ltd ABN 69 079 137 518

4



With the regular deposit plan you choose:

how much you want to deposit on a regular basisthe frequency of your deposits (monthly, quarterly,half yearly or annually), andthe duration of your plan.

You can view the details of your regular deposit plan onthe Account Details screen on Investor Online.

Where funds are not available for your regular deposit planand we have bought managed investments on your behalf,we will reverse these transactions within a reasonableamount of time. This may result in a buy-sell spread thatmay negatively affect your account balance. We will notbe held liable for transactions that occur in these instances.

You can only have one external bank account registeredfor all direct debits (including one-off and regular directdebits) at any time. You can have a one-off direct debit anda regular direct debit scheduled for the same day as longas you use the same external bank account for both debits.

BPAY

To make a deposit using BPAY, you need to know:

your Customer Reference Number (CRN)the correct Biller Code

You can find your CRN and the list of Biller Codes onInvestorOnline or by contacting us or your financial adviser.

Please note, you cannot make rollovers via BPAY.

EMPLOYER CONTRIBUTIONSYour employer is generally required to pay supercontributions (superannuation guarantee) every threemonths. Your employer can also pay additional employercontributions (from your pre-tax salary). This also appliesif you are an employee of your own company. UnderSuperStream, the government’s legislation for electronicsuper payments, all employers need to pay supercontributions through a method that meets theSuperStream rules.

Employers can do this by using:

their own software solution that complies withSuperStreama solution by an outsourced payroll or other serviceprovider that complies with SuperStreama clearing house such as the Small BusinessSuperannuation Clearing House

More information about SuperStream is available atato.gov.au/Super/SuperStream.

CONTRIBUTIONS WE RECEIVE AFTERYOUR PENSION HAS STARTED

Under current legislation, you cannot add contributions toan existing pension account after your pension has started,so there are special rules for contributions we receive afteryour pension start date.

AMOUNTS OVER $500If you have rollovers and credits over $500 (or anotheramount that we decide), you authorise us to takeinstructions from your financial adviser on what to do withit. We can:

pay the credit amount to you (unless you have apre-retirement pension in which case you can instructus to deposit the funds into your super account).transfer the credit amount to a new pension account,which means you will receive more than one pension,orconsolidate it with your current balance bytransferring both to a new pension account, usingthe single pension commutation process. If youchoose this option, we will:1. Transfer your current pension account balance

to a new pension account.2. Add any other money (either rollovers or

contributions) to the new pension account onthe same day as the transfer. If the additionalmoney is a contribution which you are eligibleto make, we will consolidate the funds in yoursuper account first.

3. Commence your new pension account.

Please note that the commencement of a newPension account may have social security implications.

AMOUNTS UNDER $500If another superannuation provider sends us a rollover forless than $500 (or another amount that we determine), andyou don’t give us other instructions, you authorise us toreturn it to the super fund that paid it. You will then needto contact that super fund to access your money.

If we receive an amount under $500 for your super accountfrom investment income or some other source, and youhave already closed your super account and opened apension account, you authorise us to pay that amount toyou (unless you have a pre-retirement pension, in whichcase we will ask your financial adviser what to do with themoney).

STARTING A NEW PENSION ACCOUNT

If we need to open a new pension account for you, youauthorise us to use information on your existing pensionaccount, as long as this meets the current laws. Ourstandard fees and other charges will apply to your newaccount.

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https://www.ato.gov.au/Super/SuperStream.

SECTION 2 – WHEN CAN YOU ACCESS YOURSUPERANNUATION?Your superannuation benefit is the total of all contributionsmade, benefits rolled over or transferred in, plus investmentearnings, insurance proceeds (if any), less fees, taxes,lump-sum withdrawals, insurance premiums (if any) andother charges.

Most superannuation benefits are preserved andsuperannuation law dictates that preserved benefits canonly be paid in any of the following circumstances:1

when you reach age 65if you cease employment after age 60when you reach your preservation age (refer topreservation age table) and are not retired, yoursuperannuation benefit can be used to commence apre-retirement pensionwhen you permanently retire, after attaining thepreservation age applicable to you (refer topreservation age table)if you suffer permanent incapacity as defined by theSuperannuation Industry (Supervision) Act 1993if you satisfy the criteria for early release of part orall of your benefit on the grounds of severe financialhardship to the satisfaction of the Trusteeif the Australian Taxation Office approves the releaseon specified compassionate groundsif you satisfy the criteria of terminal medical conditionas specified by superannuation lawwhen you have been a lost member and aresubsequently found, and your account value is $200or lessif you were a temporary resident of Australia, whenyou permanently leave Australia. You can requestthe release of all of your super under DepartingAustralia Superannuation Payments (DASP) via theATO online at ATO DASP applications.If you qualify for an amount to be released under theFirst Home Saver Super Scheme, oron complying with any other condition of releasespecified by superannuation law.

If you suffer prolonged illness or disability, you may beeligible to claim a temporary incapacity benefit. Onlyinsurance proceeds received by the trustee can be releasedto you under this condition of release.

If you die before receiving any or all of your superannuationbenefits, your remaining superannuation investments willbe paid to your beneficiaries. Please refer to How will wepay your beneficiaries? for details.

PRESERVATION RULES

All superannuation contributions plus any investmentearnings are preserved.

Preservationage isDate of birth

55Before 1 July 1960

56From 1 July 1960 to 30 June 1961




60On 1 July 1964 or after

Some or all of a benefit you roll over to the Fund may bepreserved, restricted non-preserved or unrestrictednon-preserved. The benefits you roll over will retain thisstatus.

Unrestricted non-preserved benefits can be withdrawn atany time. Restricted non-preserved benefits can bewithdrawn when you cease employment with the employerwho made the contributions to which they relate.

Preserved benefits can be rolled into another complyingsuper fund, retirement savings account, deferred annuityor approved deposit fund. They may (and in some casesmust) be used to pay any excess contributions tax liabilityyou may have. If you have such a liability you will beprovided with a notice from ATO and you can elect torelease excess amounts from your super.

Speak to your financial adviser if you require furtherinformation.

WITHDRAWALS

If you meet a condition of release under superannuationlaw or have unrestricted non-preserved benefits, you maybe able to withdraw this as a lump sum or as an incomestream by transferring your benefit to a pension account,subject to eligibility.

Speak to your financial adviser for more information aboutrestricted non-preserved and unrestricted non-preservedbenefits.

If you have any queries please contact the CustomerRelations team on 1800 004 594, or speak to your financialadviser.

1 The conditions of release may not be available to you if you are or were a temporary resident. If you are or were a temporaryresident – and aren't now an Australian citizen, a permanent resident of Australia, a New Zealand citizen, or a holder of a retirementvisa (Subclass 405 or 410) – you can generally only access your preserved super benefits if you become permanently incapacitated,have a terminal medical condition, or have departed Australia permanently and your visa has ceased, or your beneficiaries mayaccess your benefits if you die.

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https://applicant.tr.super.ato.gov.au/applicants/default.aspx?pid=1

SECTION 3 – WHAT ABOUT PENSION PAYMENTS?PENSION ACCOUNTS

Pensions require payments of a minimum amount to bemade at least annually. There is no restriction on how muchyou can withdraw from your pension above the minimumlevel other than your total account value, unless you choosea pre-retirement pension. This may include cashing outthe whole amount.

PRE-RETIREMENT PENSION

If your pension is a pre-retirement pension, your funds mayconsist of three preservation components.

Income payments will be made from your preservationcomponents in the following order (if applicable):

unrestricted non-preservedrestricted non-preservedpreserved.

Pre-retirement pensions require payments of a minimumamount to be made at least annually. A maximum annualpayment also applies to a pre-retirement pension. In thefirst year of the pre-retirement pension, the maximum is10% of your initial investment. In subsequent years, themaximum annual income payment is 10% of your accountbalance as at 1 July.

In the first year of a pre-retirement pension or pensionaccount, the amount you choose to receive as income willbe distributed pro rata across the remaining days in thefinancial year, unless you instruct us otherwise.

ANNUAL MINIMUM INCOME PAYMENTAMOUNTS

The minimum amount of income that must be paid in ayear is calculated based on your account balance at thedate you first invested multiplied by the applicablepercentage factor prescribed by government legislation,then recalculated each subsequent 1 July based on theaccount balance at that date. This applies to both pensionsand pre-retirement pensions The following table sets outthe minimum annual income payments.

The minimum pension factor for the 2020/21 financialyear is half of the standard pension factor displayedin the table below.

% of account balanceAge at 1 July

4Less than 65

565–74

675–79

780–84

985–89

1190–94

% of account balanceAge at 1 July

1495+

PENSION PAYMENTS

Your pension payments must satisfy the following rules:

You must receive at least one payment each financialyear, unless you invest during June, in which caseno pension payment is required in that financial year.Your gross annual payment must be at least theprescribed minimum amount. You can choose toreceive the minimum pension or any amount abovethis (a maximum annual payment applies to apre-retirement pension). The prescribed minimumpension amount is determined at the time of yourfirst investment for that year and each subsequent1 July. If your pension commences on any day otherthan 1 July, your first year’s minimum payment willbe calculated pro rata for the number of days untilthe next 1 July, unless you instruct us otherwise.

HOW LONG WILL PENSION PAYMENTSCONTINUE?We will continue to make pension payments from youraccount until the withdrawal value of your account is nil.

The length of time your pension payments continuedepends on the size of your investment, the amount ofpension you take each year, and any lump-sumcommutations, fees and the investment earnings generatedfrom the investment option or options you choose. Thereis no guarantee that your pension payments will continuefor life.

CHANGING YOUR PENSION PAYMENTSYour minimum income payment is calculated by applyingthe relevant age-based percentage (as prescribed by thegovernment), for the first financial year, to yourinitial investment and in subsequent financial years, toyour account balance on 1 July. The result is rounded tothe nearest $10.

You will be informed of your new minimum limit at thestart of each financial year. If you do not request analteration, you will continue to receive the same paymentsat the same frequency as the previous year (adjusted tosatisfy the government limit).

FLEXIBLE PAYMENT OPTIONSYou can choose to receive your pension payments:

monthlyquarterly - in March, June, September and Decemberannually - in June

You can change the frequency of your pension paymentsat any time – simply contact your financial adviser.

We’ll pay your pension directly into your bank account onor around the 20th of the month.

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FUNDING PENSION PAYMENTSPension payments from your Pension account will befunded from your Cash Account. If there is not enoughmoney in your Cash Account, we may sell managedinvestments held through your account using either thePriority Sell method, (if instructions exist) or Default Sellmethod. Alternatively, we may force your Cash Accountbalance to become negative in which case you will incurnegative interest charges.

If we need to sell more than 95% of an investment to meeta pension payment, we will sell the entire asset.

PENSION ACCOUNT WITHDRAWALSWithdrawals (being those other than regular pensionpayments) can be made at any time from your pensionaccount. For pensioners aged 60 or over, lump-sum benefitsand income stream payments are tax free.

For pensioners under age 60, withdrawals can be:

ad hoc pension payments, which may be taxed atmarginal tax rates, orlump-sum withdrawals (called commutations), whichare treated as superannuation lump-sum benefitsand may be subject to lump-sum tax.

If you do not specify whether you would like your additionalwithdrawals as an ad hoc pension payment or acommutation, we will treat them as a commutation.

If you make a full lump-sum withdrawal from your pension,we are legally required to first pay your minimum pensionamount for the relevant portion of that financial year. Ifyou have already received more than this amount, noadditional pension payment is required. If you make apartial lump-sum withdrawal, you need sufficient funds inyour account to meet minimum pension payments for theremaining portion of the financial year.

TRANSFER BALANCE CAPTax law places a cap on the total amount that you cantransfer into pension accounts where earnings are taxexempt. This is known as the transfer balance cap. Thestandard transfer balance cap is $1.6 million for the 2020/21financial year and may increase in the future due toindexation. Your personal transfer balance cap could differfrom the standard cap due to timing and indexationimpacts. Modifications to your transfer balance cap mayalso apply in certain circumstances including if you havemade personal injury contributions or if you are a childdeath benefit beneficiary.

The amount that you transfer into your pension account(excluding pre-retirement pension accounts where earningsare taxed) will count towards your transfer balance cap.Any amounts in excess of your cap will need to be removedfrom your pension account and you will need to pay,directly to the ATO, tax on the notional earnings relatedto the excess. Amounts in excess of the cap can betransferred into your super account where earnings willbe taxed at 15%. Alternatively, it can be withdrawn fromthe superannuation environment completely.

If you exceed your transfer balance cap, you may receivea notice from the ATO requiring you to remove excessfunds, including a notional earnings amount. If you do not

act on the notice within 60 days of the notice issue date,we may receive a Commutation Authority notice from theATO requiring us to remove the excess amount from yourPortfolioCare eWRAP Pension account.

If we receive a Commutation Authority relating to youraccount, we will make all reasonable efforts to contact youfor payment instructions.

If we do not receive a valid instruction from you or youradviser within 30 days’ of the date of issue of the notice,we will commute the amount from your account using yourdefault or priority sell-down method as per your accountsettings and transfer it into a new PortfolioCare eWRAPSuper account that we will open on your behalf. If we dothis you will receive a welcome pack in the mail.

In the case that there are insufficient funds to meet theCommissioner’s Commutation Authority, we will actionthe authority with available funds and close yourPortfolioCare eWRAP Pension account.

For further information about the transfer balance cap andhow it applies in your circumstances speak with a financialadviser or visit ato.gov.au.

PRE-RETIREMENT PENSIONWITHDRAWALSIf your pension is a pre-retirement pension, withdrawalsother than pension payments are only allowed in thefollowing circumstances:

to withdraw any unrestricted non-preserved benefitto pay a superannuation surcharge liabilityto effect a superannuation split under Family Lawwhere a condition of release (eg retirement orreaching age 65) has been met after the pensioncommencedto roll back to superannuation (eg if the incomestream from the pre-retirement pension is no longerrequired)to roll over to another pre-retirement income stream,orto pay for non-concessional contributions tax liability.

TRANSFERRING FROM A PRE-RETIREMENTPENSION TO PENSIONOnce you turn 65 or notify us that you have retired afterreaching preservation age, are permanently incapacitatedor are suffering from a terminal medical condition, yourpension will become a retirement phase pension. Tofacilitate this the trustee will provide you with a newaccount number.

On transfer to your new account:

your minimum and selected pension amounts willremain the same until the next 1 July;your death benefit nomination cover will be carriedover to your new pension account;the opening balance of your new pension accountwill be counted towards your transfer balance cap;anda maximum annual payment limit will no longer applyto your account and you will not have any cashingrestrictions.

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If you do not want your pre-retirement pension to betransferred to a new retirement phase pension, or you onlywant a portion to be transferred. For example if transferringthe full balance in your pre-retirement pension, will resultin you exceeding your transfer balance cap, you will needto provide us with instructions to:

rollover your benefits (in part or full) to a Superaccount or another complying super fund; ortake a lump sum withdrawal when you satisfy acondition of release.

These instructions will need to be provided to us inadvance of you turning 65 or notifying us that you haveretired after reaching preservation age, are permanently

incapacitated or are suffering from a terminal medicalcondition to provide us with sufficient time to process yourinstructions.

WITHDRAWAL PAYMENT OPTIONSWithdrawal payment options include:

direct credit to your nominated bank account held inyour name, ortransfer to another complying superannuation fund.

When you withdraw, we may ask you to supply copies ofcertain proof of identity documents, for example a copy ofyour driver’s licence or passport.

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SECTION 4 – HOW WILL WE PAY YOUR BENEFICIARIES?You may choose one of the following options for nominatinghow a death benefit would be paid in the event of yourdeath:

Binding death benefit nomination: the Trustee isbound to pay your benefit to the person(s) you havenominated as long as your nomination is valid.Discretionary death benefit nomination: the Trusteewill consider the nomination provided by you but hasdiscretion to pay your benefit to one or more of yourdependants and/or your legal personal representativein proportions it determines.Reversionary pension: If you’ve got a PortfolioCareeWRAP – Pension account, you can request for yourpension to continue to be paid to your eligibledependant after you die by nominating them as areversionary pensioner (PortfolioCare eWRAP –Pension only).

To nominate beneficiaries, complete the Nominatedbeneficiaries section of the application form or talk to yourfinancial adviser.

PAYMENT OF SUPER AND PENSIONASSETS

If a death benefit becomes payable it will consist of youraccount balance and the proceeds of any insurance claimpaid by the Insurer, if applicable.

A death benefit dependant can ask to receive payment asa lump sum or pension or a combination of both. Forpension accounts – where a reversionary beneficiary hasbeen nominated the pension will continue to be paid as areversionary pension.

No tax is paid on lump-sum death benefits paid to a deathbenefit dependant (as defined in tax legislation). A pensionpayable to your death benefit dependant, including areversionary pensioner, may be tax free depending on, forexample, your age when you die and the age of therecipient dependant beneficiary. If the pension is taxable,the taxed element of the taxable component will be taxedas assessable income and subject to a 15% tax offset.

A beneficiary who is not a death benefit dependant canonly be paid a lump sum. The taxed element of the taxablecomponent of a lump sum paid to a non-tax dependant(including children 18 and over) is taxed at 15% plusMedicare levy.

In the case of a child death benefit dependant, a deathbenefit income stream may be paid only where, at the timeof the member’s death, the child dependant is:

under 18 years of age2

between 18 and less than 25 years of age andfinancially dependent on the member, ordisabled as defined in disability services legislation.

A death benefit income stream paid to a child dependantmust be commuted when the child reaches age 25 andpaid as a tax free amount, unless the child is disabledwithin the meaning of the Disability Services Act 1986.

Contact your financial adviser for further details.

DEPENDANT

A dependant under superannuation law includes:

Your spouse, including a de facto spouse, andincluding of the same or opposite sex. Refer to thespouse section belowyour children (an adopted child, a stepchild, orex-nuptial child)any person who is financially dependent on you, andany person with whom you have an interdependencyrelationship.

An interdependency relationship is where two persons(whether or not related by family) have:

a close personal relationship, andthey live together, andone or each of them provides the other with financialsupport, andone or each of them provides the other with domesticsupport and personal care.

An interdependency relationship also includes two persons(whether or not related by family):

who have a close personal relationship, andwho do not meet the other criteria listed in theparagraph above because either or both of themsuffer from a physical, intellectual or psychiatricdisability.

A person must be a dependant on the date of your deathto be a beneficiary.

SPOUSESpouse of a person includes:

the person’s husband or wifeanother person (whether of the same sex or adifferent sex) on the relationship registry of a stateor territory (which at the date of this document areQueensland, Victoria, Tasmania, the AustralianCapital Territory, South Australia and New SouthWales)another person who, although not legally married tothe person, lives with the person on a genuinedomestic basis in a relationship as a couple.

2 Complete a child pension nomination (available from your financial adviser), which sets out the conditions that apply to thesepensions.

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LEGAL PERSONAL REPRESENTATIVE

Your legal personal representative is either:

the executor of your willthe administrator of your estatethe Trustee of your estate if you have a legaldisability, ora person who you have given enduring power ofattorney.

If you nominate your legal personal representative as yourbeneficiary, please make sure that you have a valid andcurrent will. Payment to a legal personal representativemay also take longer to effect as it is necessary for a Grantof Probate or Letters of Administration to be issued beforethe benefit can be paid.

You should note that by directing payment to your legalpersonal representative you may be exposing the benefitto claims by any creditors of your estate.

MAKING A BINDING DEATH BENEFITNOMINATION

You can choose how you want your benefit paid. You havea choice of:

BINDING NOMINATIONIn most circumstances we must pay your benefit to thebeneficiaries you have nominated and in the proportionsyou have specified. A binding nomination is valid for upto three years and must be renewed on expiry.

For a binding nomination to be valid:

the total allocation must equal 100% and must be inwhole numbersyou can only nominate a dependant and/or yourEstate/Legal Personal Representative (LPR)your nomination must be signed and dated in thepresence of two witnesses who are over age 18 andwho are not nominated beneficiaries.

You can nominate a person or persons under a Power ofAttorney to operate your account. To do so, send us acertified copy of a valid power of attorney together with adeclaration that the appointment has not been revoked.The legislation in relation to what is required is differentfor each state and further information can be found onlineat australia.gov.au/content/powers-of-attorney.

It is critical to explicitly state in the Power of Attorneydocument that you allow the person you have nominatedas your Attorney to nominate themselves as a beneficiaryof your superannuation if this is your desire. If it is notexplicitly stated that the appointed Attorney can nominatethemselves as a beneficiary the Trustee will not implementany direction from the Attorney to do so.

When we receive your nomination we will not check if yournominated beneficiaries are your dependants or your legalpersonal representative.

Accordingly, we will automatically treat your nominationas though it was a non-binding nomination if:

you and/or your witnesses do not sign or completethe binding nomination correctly,three years have passed from the date you signedthe nomination of beneficiaries form (you will needto reconfirm your nomination every three years if youwant to continue to have a binding nomination),any nominated beneficiary dies before you die, any nominated beneficiary (other than the LPR) isnot a dependant at the date of your death, oryour relationship changes after signing the bindingnomination form eg you get married (unless youmarry your nominated de facto), enter into a de factorelationship, get divorced or your de facto relationshipends.

If you cancel your binding nomination without makinganother nomination, then we must pay your death benefitin accordance with the No nomination option.

DISCRETIONARY DEATH BENEFITNOMINATIONWith a discretionary (non-binding or preferred) nomination,the Trustee will consider the nomination provided by youbut has discretion to pay your death benefit to one or moredependants or Legal Personal Representative in proportionsthat the Trustee determines. If no dependant or LegalPersonal Representative is appointed within a reasonabletime, the Trustee must pay your death benefit to any otherperson or persons in proportions which the Trusteedetermines.

A non-binding nomination will continue to apply until youcancel an existing nomination or make a new one.

NO NOMINATIONIn the event that no nomination is made or you cancel yourexisting nomination and do not make a new nomination,your benefit will be paid at the discretion of the Trusteeto one or more of your dependants and/or your legalpersonal representative.

If there are no dependants and no legal personalrepresentative, the Trustee may pay the benefit to anothersuitable person.

If you do not have a death benefit nomination, you shouldconsider making a will.

It is important to review your nomination regularly andupdate it if your circumstances change.

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REVERSIONARY PENSIONApplicable to pension only

You can request that your benefit continue after your deathby nominating your spouse or your child as a reversionarypensioner.3

When you die, the nominated person will continue toreceive the income payments until the benefit is exhausted.If you have nominated your spouse as the reversionarypensioner, they must be your spouse at the time of yourdeath. If the nominated person is not a dependant at thetime of your death, the Trustee will use its discretion todetermine how the benefit will be paid.

The taxation of a death benefit paid as a reversionarypension will depend on the age of the primary andreversionary beneficiary:

if the primary beneficiary was aged 60 or over at thetime of death of the primary, then payments to thereversionary beneficiary will be tax exempt.if the primary beneficiary was under age 60 at thetime of death, the pension will continue to be taxedat the reversionary beneficiary’s marginal tax rate(less any tax free amount and applicable tax offset)unless, or until, the reversionary beneficiary is aged60 or over, in which case it will be tax exempt.death benefits will be able to be paid as a pensionto a dependant child, although when the child turns25 they will be paid as a lump sum (tax free) unlessthe child was permanently disabled within themeaning of the Disability Services Act 1986, in whichcase they may continue to receive the pensionThe amount paid to the reversionary beneficiarycounts towards the beneficiary’s transfer balancecap.

INVESTED ASSETS UPON DEATHUpon receipt of written notification of the member’s death,all assets will remain invested as per the investmentinstructions of the deceased member until alternativeinstructions are received by a valid beneficiary/ies or legalpersonal representative. This amount and any insurancebenefits (if applicable) will then be made available to theTrustee for distribution to beneficiaries. Members investedin term deposits will continue to be invested based onterms associated with the asset until maturity date.

ACCOUNT INSTRUCTIONS, INSURANCEPREMIUMS AND FEES UPON DEATHOnce we are notified of a member's death, all Insurancepremiums and Adviser Service Fee deductions will ceaseand will be reversed back to the date of death. Any existinginvestment instructions, regular savings plans, pensionpayments and online authorities may also be cancelledupon notification of the member's death.

Product Administration and Investment Management Feeswill continue whilst the member's account remains openand are charged in accordance with the PDS.

3 Please note that your death benefit dependant must also be a dependant under superannuation law.

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SECTION 5 – WHAT ABOUT TAXATION?TAXATION INFORMATION FOR SUPER

CONTRIBUTIONS TAXAll concessional contributions (including salary sacrificeand SG contributions and any personal contributions forwhich you have indicated you intend to claim a taxdeduction) paid to superannuation are currently taxed ata rate of 15%.

This amount of tax you pay may be reduced by deductionsfor items such as life insurance premiums and fees. Thisis subject to the provision of your tax file number (TFN).

Tax may be deducted from your account through monthlyPAYG installments (if required) with the balance payableannually.

If your income exceeds a threshold ($250,000 p.a.), thelesser of the excess over the threshold and yourconcessional contributions up to the cap is taxed at anadditional 15%. This is on top of the 15% contribution tax. The ATO will notify you after the end of the financial yearif you are liable to pay this additional tax.

Income for this purpose includes concessional contributionsthat are within your concessional contributions cap.

CONTRIBUTION LIMITSAll contributions made into a superannuation fund receivecertain tax concessions. There are limits (referred to ascontributions caps) on the amount of contributions you canmake in a financial year that qualify for these concessions.

Contributions caps apply to concessional andnon-concessional contributions received by us in a financialyear.

CONCESSIONAL CONTRIBUTIONS CAPA cap of $25,000 a year (normally indexed annually) appliesto concessional contributions. You may be able tocarry-forward unused concessional contributions capamounts for up to five years (accruing from 1 July 2018) toallow you to make contributions above the standard capin later years. To be eligible, your total superannuationbalance at 30 June of the previous financial year must beless than $500,000. Excess concessional contributions willbe automatically included in your assessable income andtaxed at your marginal rate (plus Medicare levy less a 15%tax offset). In addition an interest charge will be levied bythe ATO. Excess concessional contributions are alsocounted towards your non-concessional contributions cap.

These caps are subject to change. Please refer toato.gov.au for up-to-date information.

Please note the Trustee is not required to monitor thecombined value of multiple contributions made into youraccount. It is your responsibility to monitor thecontributions made into your account, and any otheraccounts you may hold in any other super funds, to ensureyou don’t exceed the contributions caps.

For more information on the concessional contributionscaps contact your financial adviser or refer to ato.gov.au.

NON-CONCESSIONAL CONTRIBUTIONSCAPThe annual non-concessional contribution cap is $100,000per year, and will increase in line with the indexation ofthe concessional contributions cap.

If you are under age 65 on 1 July of the financial year, youmay be able to bring forward up to two additional yearsof contributions allowing you to contribute up to $300,000over a period of three years. There are restrictions on theability to trigger bring forward rules for certain people withlarge total superannuation balances (more than $1.4 millionas at 30 June 2020).

If you have a total superannuation balance of $1.6 millionor more as at 30 June of the previous financial year youwill not be able to make contributions towards thenon-concessional cap without resulting in an excess. The$1.6 million limit applies for 2020/21 and is subject toindexation for future financial years.

TAX DEDUCTIONSIf your employer makes a contribution on your behalf(including salary sacrifice contributions) then, generally,that contribution is fully tax deductible to the employer.

You may be able to claim a tax deduction for your personalmember contributions (i.e. those contributions you makefrom your after-tax income). Generally, to be eligible tomake a contribution, you will need to be under age 75 atthe time of making the contribution. Limits apply oncontributions made by you or on your behalf. For moreinformation, contact your financial adviser or visitato.gov.au.

TAX ON TAXABLE CONTRIBUTIONS,ALLOWABLE DEDUCTIONS, INVESTMENTINCOME AND CAPITAL GAINSTax on taxable contributions, allowable deductions,investment income and capital gains (before loss offset) isprovided for within your account at a rate of up to 15%.Certain capital gains may be taxed at 10%. The provisionalbalance remains invested into your account for your benefituntil it’s required to be paid to the ATO, or when youraccount is closed.

Tax is deducted from the cash balance of your accountwhen the Fund is required to make monthly PAYG TaxInstallments or the annual tax return payment, and mayresult in a sell down of investments if your cash balanceis insufficient at the time of payment. Tax installments willvary depending on the Fund’s total tax position.

Tax payments reduce the remaining tax provision balanceowing on your account or increase the tax provision refunddue on your account. Any remaining balance for a particularfinancial year is deducted or refunded, as applicable,through an annual payment or when you close youraccount.

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ANNUAL TAX ADJUSTMENTS (INCLUDINGCAPITAL LOSSES AND FRANKINGCREDITS)If eligible, you may receive an annual tax adjustment if theactual rate of tax on investment income is determined tobe less than 15% (including franking credit adjustments)or if you have capital losses which can be offset againstcapital gains.

If you close your account before the end of a particularfinancial year, other than by transferring to an PortfolioCarePension, you will not receive the benefit of any taxadjustments relating to that financial year.

TAX ON CLOSURE OF YOUR ACCOUNTIf you close your account, other than by transferring to apension, all investments will be sold and tax will be appliedat 15%, or 10% on the capital gains without offsetting anycapital losses. All tax provisions owing, including capitalgains tax on the realisation, will be deducted from youraccount prior to closure.

If you close your account before we have finalised theannual tax payment for the prior financial year, you maystill be eligible for tax adjustments, including the offset ofcapital losses that were realised in the previous financialyear. These tax adjustments will be allocated to your closedaccount when the annual tax payment is finalised and youmay be contacted for instructions in relation to paymentof the balance.

You will not be eligible for any tax credits adjustmentswhich relate to the financial year in which your account isclosed, including franking credits, capital losses carriedforward or capital losses realised on the closure of theaccount.

If you close your account by transferring to a pensionaccount, any taxes owing at the time of transfer will bededucted from your account, but you will still be eligibleto receive any annual tax adjustment which relate to thecurrent or prior financial years, provided that the pensionaccount remains open. These tax adjustments will beallocated to your closed account when the annual taxpayment is finalised, and you may be contacted forinstructions in relation to payment of the balance.

NO TFN CONTRIBUTION RULESThe Trustee is required by law to refund any contributions,other than employer contributions, received if a TFN hasnot been provided within 30 days, unless thosecontributions have been received from an employer. TheTrustee is entitled to deduct an administration fee and anytransaction costs and premiums that have been paid inrelation to insurance cover for a specific period.

Employer contributions

You do not commit an offence if you choose not to providethe Trustee with your TFN, and you are not otherwiserequired by law to provide your TFN. However, if you failto do so, a no TFN contributions tax rate of 32% applies toyour employer contributions. It applies in addition to thestandard contributions tax at 15% and there is no reductionto the taxable amount for insurance premiums that youmight pay.

You may be eligible for a refund of no-TFN tax paid if youprovide us with your TFN within four financial years fromthe start of the financial year when the contribution wasmade. Any refund will be added to your super benefit andwill be subject to the usual cashing restrictions and taxrules.

TAXATION INFORMATION FORPENSION

TAX PAYABLE WHEN STARTING APENSIONWhen you roll your superannuation benefit to start apension, you won't have to pay any lump sum tax on therollover amount. This means that from the start, you willhave more of your money working for your and your future.If you have an element untaxed of the taxable component,we deduct 15% contributions tax at the time you rolloverthis component.

TAX ON PENSION PAYMENTS AGEDUNDER 60If you are aged under 60, we are generally required todeduct some tax from your pension payments. Accordingly,any difference between your calculated pension amountand the amount you receive represents PAYG tax that hasbeen withheld.

Your pension payments have two components—the taxablecomponent and the tax-free component. The taxablecomponent forms part of your assessable income and istaxed at your marginal tax rate (plus Medicare levy ifapplicable).

However, you may be entitled to a tax offset on yourincome payments relating to the taxable component fromyour plan of up to 15% of the taxable amount if you areunder the age of 60 but have reached your preservationage.

Your financial adviser can assist you to calculate the likelytax payable in your circumstances.

TAX ON PENSION PAYMENTS AGED 60AND OVERFor pensioners aged 60 or over, lump-sum benefits andincome stream payments are tax-free.

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TAX ON INVESTMENT EARNINGSEarnings on your pension investment are currently exemptfrom tax, unless you're invested in a pre-retirement pensionand have not satisfied a prescribed condition of release inwhich case earnings are taxed at 15% and capital gainson some assets that are held for at least 12 months aretaxed at an effective rate of up to 10%, otherwise they aretaxed at 15%.

If you meet any of the following criteria, you will betransitioned to a pension account and earnings in yourpension will be tax free and the balance will be assessedagainst your transfer balance cap:

when you reach age 65 ornotify us that you have retired after reachingpreservation age orare permanently incapacitated orare suffering from a terminal medical condition

Tax payable may be reduced by deductions for items suchas insurance premiums and by franking credits and taxoffsets.

ADDITIONAL TAXATIONINFORMATION

LUMP-SUM BENEFITSThe way lump-sum benefits are taxed depends on yourage and the components of your lump sum.

For members under age 60, the taxable component isdetermined by factors such as the source of thecontributions and whether a tax deduction has beenclaimed for the contribution. If tax is payable on your lumpsum, the Trustee is required to withhold tax from yourbenefit. You will be provided with a PAYG paymentsummary – superannuation lump sum to include in yournext tax return. All benefits paid from your account arepaid from a taxed source.

For members aged 60 and over, superannuation benefitspaid from a taxed source, whether in the form of asuperannuation lump-sum benefit or pension payments,are tax free and are not required to be declared on yourtax return.

The actual tax rates and the levels at which they apply aredetermined by the ATO and can change each year. Theamount of tax withheld represents an estimate of the taxyou will need to pay. When you lodge your tax return, youmay receive a refund of some or all of tax withheld, or mayneed to pay additional tax. As you may not be making awithdrawal for a number of years this material is providedfor general information only and you should check withyour financial adviser, the Trustee or the ATO at the timeyou make a withdrawal. Further information on currentrates and thresholds is available from ato.gov.au.

The following is a summary of how your lump-sumwithdrawal and pension payments are taxed dependingon your age at the time of payment.

Superannuationincome stream

Superannuationlump sum

Age1

Tax-free(non-assessable,non-exemptincome)

Tax-free(non-assessable,non-exemptincome)

Aged 60 andabove

Marginal tax rates(includingMedicare levy) and

0% tax up to thelow rate cap2

Any amount of thetaxed element ofthe taxable

Preservationage to 59

15% tax offset3

may apply to thetaxed element ofthe taxablecomponent.

component abovelow rate cap issubject to 17% tax(includingMedicare levy).

Marginal tax rates(includingMedicare levy)3

The taxed elementof the taxablecomponent is

Belowpreservationage

apply to the taxedsubject to 22% tax(includingMedicare levy).

element of thetaxable component(no tax offset).

1 For information on your preservation age, see Yourpreservation age on page 6.

2 Low rate cap of $215,000 in 2020/21 (indexed annually). Asa low cap is applied at an account level, additional tax maybe payable by you when you lodge your income tax return.

3 A disability superannuation income stream or a reversionaryincome stream may also receive a 15% offset.

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The following is a summary of the different componentsand how they are taxed when paid as a lump sum as atthe issue date of this additional information booklet.

TaxationComponent

If you are under preservation age, all ofthis amount is subject to tax at 22%(including Medicare levy).

Taxablecomponent –taxedelement

If you are between preservation age and59, an amount up to the low rate capthreshold will be tax free and the amountover this will be subject to tax at 17%(including Medicare levy).

If you are aged 60 years or over, anysuperannuation benefits paid to you aretax-free.

Any taxable component – untaxedelement rolled over to this Fund will besubject to contributions tax upon receiptand will then convert to a taxablecomponent – taxed element.

Taxablecomponent –untaxedelement

Other tax rates apply if a taxablecomponent – untaxed element is paid toyou in the form of a lump sum or apension. As this Fund is a taxed fund,these tax rates will not be relevant toyou when your superannuation benefitsare paid to you.

Not taxedTax-freecomponent

TAX ON DEATH BENEFITSIn the event of your death, a pension or income streampaid to your dependants may also be entitled to taxconcessions depending on a number of factors, includingtheir age and your age at the date of your death. For moreinformation speak to your financial adviser.

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SECTION 6 – WHAT ARE THE RISKS?CURRENCY RISK

Currency risk is the risk that the Australian dollar value ofoverseas assets may fall because of currency fluctuations.Currency changes can also work in your favour, increasingthe value of offshore assets.

INVESTMENT MANAGER RISK

Investment manager risk is the risk that a particularinvestment manager will under-perform its statedobjectives, peers or benchmarks. The performance of yourmanaged funds is partly dependent on the performance ofthe investment managers, who may not achieve theirinvestment objective. Changes in staff within theinvestment management team may also affect performance.

The degree of success of an investment manager’sstrategies and methodologies can vary according toeconomic and other conditions. We reserve the right tochange investment managers, change the investmentoptions offered by them, introduce new investment optionsor cease to offer investment options. In some cases thismay mean that your investments may have to be sold. Ifthis occurs, there is a risk that you may incur losses (including taxes and transaction costs), or miss out onpotential gains.

DERIVATIVES RISK

Derivatives are securities such as options or warrants thatderive their value from an underlying asset or index.Depending on the investments you select, your fundmanager may actively use derivatives to manage risk orincrease returns. But derivatives can also result in morevolatile returns, increasing the risk of gains and losses.

GEARING RISK

Some investment options may be geared using loans orderivatives. While gearing can multiply returns when yourinvestments rise in value, it can also multiply losses if yourinvestments fall. As a result, gearing can increase risk andmake investment returns more volatile.

LEGISLATIVE RISK

Changes to superannuation legislation can affect:

who can investthe amount of tax you need to pay, andwhen and how you can withdraw money.

LIQUIDITY RISK

This is the risk that an investment may not be easilyconverted into cash with little or no loss of capital andminimum delay, because of inadequate market depth ordisruptions in the market place. Investment switches,withdrawals, rollovers and transfers from yoursuperannuation or pension account are normally processedwithin 30 days of us receiving all the necessary information.There is an exception to this requirement where particularinvestments have redemption restrictions imposed by theunderlying investment manager that prevent us frompaying the benefit within this period.

These are referred to as ‘illiquid investments’.

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MARKET RISK

Market risk is the risk that the price of the assets you haveinvested in may fall. For example, your investments canbe affected by changes in:

interest or inflation ratesgovernment legislation or taxation, andmarket sentiment.

RISK OF DELAY

Generally, fund managers receive instructions to buy andsell investments each day. But sometimes theseinstructions can be delayed, potentially affecting theamount you receive when the transaction takes place. Forexample, a transaction may be delayed if:

your transaction request does not have enough detailfor us to act on itthe request isn’t signedthe instructions are illegible or incompletethe transaction does not meet the minimuminvestment or withdrawal requirements set by us orthe fund managera system failure occurs when processing thetransaction to your account (by us or the fundmanager), orthe investment option has restricted withdrawal orredemption periods.

STANDARD RISK MEASURE

The Standard Risk Measure (SRM) is a common riskdescriptor used by superannuation funds.

It is based on guidance from the Australian PrudentialRegulation Authority (APRA) to allow investors to compareinvestment options that are expected to deliver a similarnumber of negative annual returns over any 20-year period.

We have introduced the SRM in accordance with therecommendations from the Financial Services Council (FSC)and Association of Superannuation Funds of Australia(ASFA).

SRM descriptors

Each investment option listed in the PortfolioCare eWrapinvestment options document has been assigned a SRM.

The table below sets out the SRM labels used for eachinvestment option based on the estimated number ofnegative annual returns that an investment option mayexperience over any 20-year period.

Estimated number ofnegative annual returnsover any 20-year period

Risk labelRiskband

Less than 0.5Very Low1

0.5 to less than 1Low2

1 to less than 2Low to Medium3

2 to less than 3Medium4

3 to less than 4Medium to High5

4 to less than 6High6

6 or greaterVery High7

For example, investment options with a risk band of 5 havea medium to high risk label and may experience between3 to less than 4 years of negative annual returns over any20-year period.

LIMITATIONSThe SRM is not a complete assessment of all forms ofinvestment risk and does not replace the need for financialadvice when constructing an investment option portfolio.For instance, it does not detail what the size of a negativereturn could be or the potential for a positive return to beless than an investor may require to meet their objectives.Further, it does not take into account the impact ofadministration fees and tax on the likelihood of a negativereturn.

The SRM is not a comprehensive account of the risks ofinvesting and investors should consider these risk labelsin conjunction with the different risks of investing thatapply to their investments. Investors should still ensurethey are comfortable with the risks and potential lossesassociated with their chosen investment option(s).

METHODOLOGYThe methodology used for calculating the SRM follows theFSC/ASFA recommendations and is in line with marketadopted practices.

For each investment option, the process determines a setof forward looking capital market assumptions byforecasting expected yield and growth outcomes for eachasset class.

The assumed return outcomes are gross of administrationfees, net of investment management fees, and gross of tax.

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Generally, alpha (outperformance) has been assumed tooffset investment management fees, however for someasset classes (where appropriate) a small amount of alphain excess of investment management fees is assumed.

For multi sector (or diversified) investment options, acorrelation matrix between the asset classes has also beendetermined using long term historic data. Both theassumptions and correlations are then used to determinea multi sector investment option’s expected risk and returnby combining them with its long term strategic assetallocation.

For each investment option, the SRM is calculated bydetermining the probability of a negative return based onan expected normal distribution of returns multiplied by20.

CHANGES TO THE SRMFor each investment option, any significant changes tomarket conditions may alter the SRM from time to time. Inaddition, any changes to the methodology used (includingany regulatory changes) may also alter the SRM results.We will generally review the SRM each year.

DIFFERENCES BETWEEN EACHPROVIDER'S SRMInvestors should be aware that the SRM labels used foreach investment option are based on our assessment andmay differ to those assigned by other providers. Thedifferences are generally due to the methodology used incalculating the SRM.

MORE ABOUT SRMSIf you have any questions, please contact your financialadviser or the Customer Relations Team on 1800 004 594.

DIVERSIFYING YOUR INVESTMENT

Diversification can be an effective strategy for reducingrisk and smoothing out investment returns. Spreading yourinvestments across a range of assets helps to ensure thatyou are less exposed to the risks of a single investment.Because one asset class may perform well when anotheris performing poorly, diversification can help you earn moreconsistent returns across a range of market conditions.

Your financial adviser can help you create a diversifiedportfolio designed to achieve your investment goals.

Broadly speaking, your adviser will choose a mix ofinvestments from five main asset classes:

cashinternational and Australian fixed interest international and Australian property international and Australian equities, and alternative investments.

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Historically, each asset class has the ability to produce different levels of risk and return. Here is a summary of these risksand returns:

Asset class risk and return profiles

Expectedreturn

Expected riskTime horizonDefinitionAsset class

LowLowGenerally 1-3 yearsBank deposits and short-dated debtissued by governments andcorporations

Cash

MediumLow-Mediumto Medium

Generally 2-4 yearsIncludes income-producing assets(government bonds, fixed term deposits,mortgage trusts)

Fixed interest

Medium tohigh

High to veryhigh

Generally 3-5 yearsIncludes residential, office, retail orindustrial property. Property may belisted (traded on the stock exchangesimilar to shares) or unlisted

Property

Medium tohigh

HighGenerally 5-7 yearsEquities are individual holdings incompanies that are listed on a stockexchange (eg ASX). The value of

Equity

equities may rise or fall due to marketcycles, the profitability of the underlyingcompanies, etc

HighHighGenerally 5-7 yearsHedge funds, commodities, privatemarket instruments, and otheralternative investments

Alternatives

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SECTION 7 – WHAT ELSE DO YOU NEED TO KNOW?THE TRUST DEED

PortfolioCare eWRAP – Super/Pension is part of WealthPersonal Superannuation and Pension Fund (the Fund) andis governed by the Fund’s Trust Deed. The Trustee mustoperate the Fund according to the Trust Deed andsuperannuation law, which determine the members’entitlements.

The Trustee holds the Fund’s investments on behalf of allof its members and must administer the Fund in all theirinterests. No member is entitled to any individual assetwithin the Fund.

While it has the power to amend the Trust Deed, theTrustee cannot change it in a way that is adverse tomembers’ entitlements without their consent, with theexception of any changes to comply with governmentlegislation. A copy of the Trust Deed can be obtained bycontacting us or by visiting amp.com.au/trusteedetails.

RELATIONSHIP BETWEEN THETRUSTEE AND INVESTMENT FUNDS

The Trustee invests in a wide range of managedinvestment funds. The entities responsible for a numberof these funds are:

AMP Capital Funds Management Limited (AMPCFM),ABN 15 159 557 721, AFS Licence No. 426455 National Mutual Funds Management Limited(NMFM), ABN 32 006 787 720, AFS Licence No.234652, andipac asset management limited (ipac), ABN 22 003257 225, AFS Licence No. 234655.AMP Capital Investors Limited ABN 59 001 777 591AFS Licence No.232497 (AMPCI)

AMPCFM, AMPCI, NMFM and ipac are members of theAMP group.

For a full list of these investment funds, see the InvestmentOptions document.

Under the law, when the Trustee invests the Fund’s money,it must deal with the other party to the transaction at arm’slength or on arm’s length terms.

RELATIONSHIP BETWEEN THETRUSTEE AND SERVICE PROVIDERS

Asgard Capital Management Limited (Asgard) is thecustodian of the Fund and holds all its assets. The Trusteereserves the right to change the custodian without lettingmembers know beforehand.

The Trustee offers members insurance cover throughinsurance policies it holds through AIA Australia Limited,ABN 79 004 837 861, AFS Licence No. 230043.

Please note that the Trustee doesn’t favour any of theFund’s service providers which are its associates overindependent service providers.

INVESTMENT MANAGERDISTRIBUTIONS

After the end of the December, March and Septemberquarters, investment managers generally distribute fundincome to their investors. After the end of the financialyear on 30 June, investment managers generally distributeboth fund income and capital gains to investors.

As a result, you may notice a drop in the value of yourmanaged investments at the end of each quarter, as thefund manager withdraws a portion of the fund’s assets topay distributions. The size of the fall generally dependson the amount that the investment manager distributes tounit holders.

Because it can take a number of weeks for us to receivethe distribution and pass it on to you, it may appear thatyour account has dropped in value. So it’s important tounderstand that this may only be temporary and that youraccount will likely recover when we credit the distributionto you.

WHEN THERE ISN’T ENOUGH MONEYTO PLACE YOUR ORDER

If there isn’t enough money in your Cash Account toexecute a buy order, we’ll check your balance each day for28 days, when the order will expire. Your financial advisercan also change the expiry period to anything betweenzero and 56 days. If enough money becomes availablebefore the expiry date, we’ll automatically place your order.

If you have more than one outstanding order, we’ll processthe oldest order first. After that, we’ll process the largestorder first, as enough cash becomes available. As a result,we may not process your orders in the same order youlodged them.

FEES WE DON’T CHARGE

Currently, we don’t charge a fee for the following servicesand activities, although this may change in the future. Ifwe do introduce a new fee, we will give you at least 30days notice.

EXPENSE RECOVERYWhile administering your account, we will incuradministrative expenses including:

registry costsaudit feesgovernment duties, andany expenses associated with changes in governmentlegislation.

If we introduce a fee to cover these expenses, it will replaceour unrestricted right to seek reimbursement for them.

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https://www.amp.com.au/trusteedetails

FAMILY LAW AND SUPERANNUATIONIf you separate or divorce from your spouse, then yourinterest in your super may be split. Currently, in all statesand territories (apart from Western Australia), an interestin a super account may also be split if a de factorelationship (including a same sex relationship) breaksdown. Your account can also be flagged as part of aseparation or divorce – this prevents us from making mosttypes of payments. The law sets down how super interestswill be valued and split for these purposes. Splitting orflagging can be achieved by agreement between theseparating or divorcing couple or by a court order.

If your PortfolioCare eWrap Super and Pension account issplit, then your spouse will not automatically have aPortfolioCare eWrap Super and Pension account of theirown. Your spouse can apply to have a personal superaccount with PortfolioCare or to transfer the benefit toanother super fund or take the benefit in cash if they satisfya condition of release.

If your interest is split, then your spouse’s interest may betransferred to the AMP Eligible Rollover Fund. As the lawsregarding splitting your account on separation are complex,we recommend that you seek legal advice.

PRIVACY INFORMATION REQUESTSYou may ask to access personal information that we holdabout you any time. There are currently no fees for accessrequests, although we may charge you the reasonablecosts of processing your request.

UNCLAIMED SUPER MONEYIf an amount is payable to you or your dependant(s) andwe are unable to ensure that you or your dependant(s) willreceive it, we may be obliged to transfer the amount to theATO.

We may also be required to transfer your account balanceto the ATO if you become a ‘lost member’, or an ‘inactivelow-balance member”.

If your superannuation is transferred to the ATO, you, oryour dependants where relevant, will be able to reclaim itfrom the ATO. The ATO may also transfer money it holdsinto your ‘active’ superannuation accounts.

For more information on unclaimed super money, includinglost members and inactive low balance members pleaserefer to ato.gov.au or speak with your financial adviser.

TEMPORARY RESIDENTS LEAVINGAUSTRALIAThe following does not apply to New Zealand residentsand is limited to eligible visa holders. If you have enteredAustralia on an eligible temporary resident visa, you mayclaim your super benefits once you have permanentlydeparted Australia.

Under super legislation if you do not claim your benefitwithin six months of departing Australia, your benefit maybe paid as unclaimed super to the ATO.

You will not receive notification or an exit statement fromyour super fund. If this has occurred, you can claim yoursuper money from the ATO. For more information visitato.gov.au.

TRANSFERRING YOUR BENEFITS TO ANELIGIBLE ROLLOVER FUNDAn Eligible Rollover Fund (ERF) is a special type ofsuperannuation fund that accepts benefits from othersuperannuation funds when a member no longer meetsthe conditions for investing in their current fund. Typically,an ERF has a conservative investment strategy withadministration fees that can’t exceed the fund’s earnings.

The ERF for PortfolioCare eWRAP – Super/Pension is:

AMP Eligible Rollover Fund (AMP ERF)Name

PO Box 300, PARRAMATTA NSW 2124Address

131 267Telephone

[email protected],Email

WHEN WE MAY TRANSFER YOURBENEFITSWe may transfer your benefit in PortfolioCare eWRAP –Super/Pension to an ERF if the value of your account fallsbelow $2,000 and we are not obliged to forward yourbalance to the ATO under the unclaimed money laws.

AFTER YOUR BENEFITS HAVE BEENTRANSFERREDIf we transfer your benefits to the AMP ERF and we’re ableto make contact with you, we will send you an exitstatement. You will also receive the AMP ERF PDS withdetails of the fund and information about your options.Regardless of the size of your benefit, the Fund’s Trusteeis obliged to follow the governing rules of both the Fundand superannuation law.

Because you will no longer be a member of PortfolioCareeWRAP – Super/Pension:

we will not accept any further contributions made toyour accountyou will no longer receive regular reports from us,andany insurance cover you may have held through youraccount will finish.

If we receive monies relevant to you when you are nolonger a member of PortfolioCare eWRAP – Super/Pension,we will pay it to the applicable regulatory authority inaccordance with the current law.

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IMPORTANT INFORMATION

Information regarding PortfolioCare eWRAP Super (USI92381911598007) and Pension (USI 92381911598006) iscontained in the Product Disclosure Statement (PDS) andthe Additional Information Booklet and the PortfolioCareeWrap investment options document. This document isthe Additional Information Booklet and should be read inconjunction with the PortfolioCare eWRAP Super andPension PDS. You will also find information on the managedinvestments available through PortfolioCare eWRAPSuper/Pension in the Investment Options document, whichis not part of the PDS.

Optional insurance cover is available to members ofPortfolioCare eWRAP Super and Pension through insurancearranged with AIA Australia Limited, ABN 79 004 837 861,AFS Licence No. 230043. Please refer to the latest versionof AIA Australia’s PPPI PDS from pppi.aia.com.au.

The information in this document is of a general natureonly and is not based on your personal objectives, financialsituation or needs. You should consider whether theinformation in this document is appropriate for you inaccordance with your objectives, financial situation andneeds. You should read the PDS, Additional InformationBooklet and PortfolioCare eWRAP investments optionsdocument before before making any decision aboutwhether to acquire or continue to hold your account.

CHANGES TO THE PDSInformation in the PDS and Additional Information Bookletmay change from time to time. If the change is notmaterially adverse to you, we may publish an updateonline. You can obtain a PDS Update by:

visiting investoronline.info,contacting the Customer Relations Team to requesta free paper copy of the PDS Update [email protected] or 1800 004 094asking your financial adviser.

NM SUPER AND OTHER PROVIDERSNM Super is the Trustee of the Wealth PersonalSuperannuation and Pension Fund and is referred to asNM Super, Trustee, we or us in this Additional InformationBooklet.

No other company in the AMP group of companies (AMPgroup) or any of the investment managers of the investmentoptions:

is responsible for any statements or representationsmade in the PDS, Additional Information Bookletand PortfolioCare eWRAP investments optionsdocument,guarantees the performance of NM Super’sobligations to members nor assumes any liability tomembers in connection with PortfolioCare Super andPension.

The Trustee is an RSE Licensee under the SuperannuationIndustry (Supervision) Act 1993 (SIS), which means thatwe have satisfied licensing conditions set by the AustralianPrudential Regulation Authority (APRA). The Trustee isresponsible for the monitoring and management of theFund for the benefit of all members in accordance with thegoverning rules of the Fund and relevant legislation.

Except as expressly disclosed in the PDS or thePortfolioCare eWRAP investment options document,investments in the investment options are not deposits orliabilities of NM Super, AMP Bank Limited ABN 15 081 596009 AFSL No 234 517 (AMP Bank), any other member ofthe AMP group or any of the investment managers. NMSuper is not a bank. AMP Bank does not stand behind NMSuper. The investment options are subject to investmentrisks, which could include delays in repayment and loss ofincome and capital invested Neither NM Super, nor anyother member of the AMP group, Asgard or the investmentmanagers or fund managers, guarantees the repayment ofcapital (unless expressly stated), payment of income or theperformance of the investment options. AMP companiesreceive fees and charges in relation to PortfolioCare eWRAPSuper and Pension outlined in the PDS. AMP employeesand directors receive salaries and / benefits from the AMPgroup.

Asgard, the companies in the AMP group we use and anyother company that we use have given and not withdrawntheir consent to the statements in relation to themselves(including their names) being included in the PDS and inthis document in the form and context in which theyappear.

This offer is available only to persons receiving (includingelectronically) the PDS within Australia. We cannot acceptcash or applications signed and mailed from outsideAustralia. Monies must always be paid in Australiandollars. We may accept or refuse (without reason) anyapplication.

We reserve the right to change the features of PortfolioCareeWRAP Super and Pension with, in case of an increase infees, at least 30 days’ notice, otherwise notice of materialchanges will be provided before or as soon as practicableafter the change occurs.

This document is issued by NM Superannuation ProprietaryLimited ABN 31 008 428 322 AFSL No 234 654, the trusteeof the Wealth Personal Superannuation and Pension FundABN 92 381 911 598.

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PortfolioCare eWRAP – Super/Pension – Application booklet 1

HOW TO PROCEED

PORTFOLIOCARE eWRAPSUPER/PENSIONAPPLICATION BOOKLETISSUE DATE: 14 DECEMBER 2020

The table below outlines the forms included in this application booklet and when you need to complete them.

Forms When to complete?

PortfolioCare eWRAP – Super application

This form needs to be completed if you wish to open a PortfolioCare eWRAP – Super Account.

PortfolioCare eWRAP – Pension application

This form needs to be completed if you wish to open a PortfolioCare eWRAP – Pension Account.

Transfer authority You need to complete this form if you wish to roll over benefits from other superannuation fund(s) into your new account.

Note: If you have elected not to provide your TFN, a separate certified copy of proof of identification documents must be provided for each requested transfer. Multiple people cannot be certified on the one document

Advice Fee Client Consent Provide your consent to pay advice related fees. This includes ongoing advice fees and/or a one-off advice fee and/or contribution fee for advice related services to be provided to you in relation to your PortfolioCare account.

Choosing your super fund You can use this form to provide information to your employer on how to make superannuation guarantee contributions into your new PortfolioCare eWRAP – Super Account.

This form should be provided to your employer. Do not send this form to us or the tax office.

Tax file number declaration

You need to complete this form if you completed the PortfolioCare eWRAP – Pension application and you are under the age of 60.

Please attach this form to your application and send it to us.

Direct debit request You need to complete this form if in your application you elected to make a one-off or regular deposit (super only) into your account via direct debit.

Binding death benefit nomination

You can use this form to make a death benefit nomination that is binding on us. You can nominate one or more dependants or your estate to be paid the balance in your account (including any insured benefit) when you die.

PortfolioCare eWRAP – Super/Pension – Application booklet2

GUIDE TO COMPLETING THE PORTFOLIOCARE eWRAP – SUPER APPLICATIONIf you would like to open a PortfolioCare eWRAP – Super Account, you need to complete each relevant section of the application. Your financial adviser will submit your application electronically using AdviserNET or the application in this application booklet can be completed and sent to us.

1. EXISTING ACCOUNT DETAILSIf you have an existing account that is in exactly the same name as this account, complete this section. If you complete this section, your existing account details will be applied to your new account, and you don’t need to complete section 2 New account details. If you have any changes to your existing account, mark these changes in section 2. We will only apply the amended account details to your new account.

2. NEW ACCOUNT DETAILSProvide all details requested, unless you have completed section 1.

Note: If you have elected not to provide your TFN, a separate certified copy of proof of identification documents must be provided for each requested transfer. Multiple people cannot be certified on the one document.

3. TAX FILE NUMBERProvide your tax file number. For further information, refer to Your tax file number in the PDS.

4. AUTHORITY TO OPERATEIndicate whether your financial adviser will have authority to operate your eWRAP Account.

5. RESIDENCY DETAILSProvide all residency details. If you are not an Australian resident for tax purposes, you must state your country of residence.

6. EMPLOYMENT DETAILSIndicate your employment status and the name of your employer (if applicable).

7. SHARE TRADINGThis section must be completed in order to trade shares through your account.

You will need to nominate whether you wish to receive dividends as cash or have them reinvested under a Dividend Reinvestment Plan (DRP). Please note that your dividend election will apply across all shares held in your account where a DRP is available. (Where a DRP is not available for a share, or there is a residual cash portion on your DRP, the dividend will be received as cash and deposited into your Cash Account).

8. REPORTS AND INFORMATIONIndicate whether your preference for receiving reports and correspondence is online or by mail.

9. INITIAL DEPOSITS AND CONTRIBUTIONSIndicate whether the deposit is a rollover and/or contribution. If you are making a contribution, note the amount applicable for each type of contribution.

Where a cheque is enclosed with the application, please note the amount of the cheque. You can also choose to fund your deposit directly from your financial institution account by completing the direct debit request in the application booklet.

10. REGULAR DEPOSIT PLANIf you wish to make regular direct debit deposits from your nominated financial institution, complete this section. You must specify the amount you wish to deposit and the frequency of the required deposit. The minimum deposit is $100.

You must also complete the direct debit request in the application booklet, and forward the original with your application. You can only have one direct debit request for each account. Therefore, if you also want to make an initial deposit by direct debit, it must come from the same bank account.

11. NOMINATED BANK ACCOUNT DETAILSProvide us with details of your nominated bank account. These nominated bank account details will be required before any direct credit payment requests via electronic funds transfer (EFT) can be processed on your account.

12. NOMINATED BENEFICIARIESYou can nominate a beneficiary for your account. The nomination can be either discretionary or binding. See How will the benefit be paid upon death in the PDS for information on the effect of making a nomination. If you would like to make a binding nomination, complete the binding death benefit nomination in the application booklet.

13. ADVISER’S DETAILS AND DECLARATIONYour financial adviser completes this section.

Under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, your financial adviser is required to verify your identity. The verification procedure is outlined in this booklet.

Note: If you do not have an adviser, complete and attach your Identification details.

14. DECLARATIONRead carefully the Investor declarations, conditions and acknowledgements section in the PDS and sign the application.

Applications may be signed or executed by individuals under Power of Attorney. Where the applicant signs under Power of Attorney, a certified copy of the relevant Power of Attorney must be enclosed with the application. Your Power of Attorney can be certified by a Justice of the Peace, a Commissioner for Declarations or your solicitor.

PortfolioCare eWRAP – Super/Pension – Application booklet 3

GUIDE TO COMPLETING THE PORTFOLIOCARE eWRAP – PENSION ACCOUNT APPLICATION If you would like to open a PortfolioCare eWRAP – Pension Account, you need to complete each relevant section of the application. Your financial adviser will submit your application electronically using AdviserNET, or the application in this application booklet can be completed and sent to us.

1. EXISTING ACCOUNT DETAILSIf you have an existing account with us that is in exactly the same name as this account, complete this section. If you complete this section, your existing account details will be applied to your new account, and you don’t need to complete section 2 New account details. If you have any changes to your existing account, mark these changes in section 2. We will only apply the amended account details to your new account.

2. NEW ACCOUNT DETAILSProvide all details requested, unless you have completed section 1.

Note: If you have elected not to provide your TFN, a separate certified copy of proof of identification documents must be provided for each requested transfer. Multiple people cannot be certified on the one document.

3. TAX FILE NUMBERProvide your tax file number. For further information, refer to Your Tax file number in the PDS.

If you are under 60, you must complete the tax file number declaration in this application booklet and submit it with your pension account application, even if you don’t provide your tax file number.

4. AUTHORITY TO OPERATEIndicate if your financial adviser will have authority to operate your PortfolioCare eWRAP Account.

5. RESIDENCY DETAILSProvide all residency details. If you are not an Australian resident for tax purposes, you must state your country of residence.

6. PENSION ELIGIBILITYYou must nominate the pension eligibility condition that applies to you.

7. SHARE TRADINGThis section must be completed in order to trade shares through your account.

You will need to nominate whether you wish to receive dividends as cash or have them reinvested under a Dividend Reinvestment Plan (DRP). Please note that your dividend election will apply across all shares held in your account where a DRP is available. (Where a DRP is not available for a share, or there is a residual cash portion on your DRP, the dividend will be received as cash and deposited into your Cash Account.)

8. REPORTS AND INFORMATIONIndicate whether your preference for receiving reports and correspondence is online or by mail.

9. INITIAL DEPOSITS AND CONTRIBUTIONSIndicate whether the deposit is a rollover and/or contribution. If you are making a contribution, note the amount applicable for each type of contribution.

Where a cheque is enclosed with the application, please note the amount of the cheque. You can also choose to fund your deposit directly from your financial institution account by completing the direct debit request in the application booklet.

10. TRANSFER DETAILSComplete these details if you are transferring funds from your existing PortfolioCare super and/or pension account to this PortfolioCare eWRAP – Pension Account.

11. & 12. PENSION PAYMENT DETAILSNominate how much you would like to receive and the frequency of payment and provide details of the account your pension is to be paid into.

13. NOMINATED BANK ACCOUNT DETAILSProvide us with details of your nominated bank account. These nominated bank account details will be required before any direct credit payment requests via electronic funds transfer (EFT) can be processed on your account.

14. NOMINATED BENEFICIARIESYou can nominate a beneficiary for your account. See How will the benefit be paid upon death in the PDS for information on the effect of making a nomination. The nomination can be either discretionary or binding. If you would like to make a discretionary nomination, you have the choice of requesting a reversionary pension to be paid to your eligible beneficiary/ies. If you would like to make a binding nomination, complete the binding death benefit nomination in the application booklet.

15. ADVISER’S DETAILS AND DECLARATIONYour financial adviser completes this section.

Under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, your financial adviser is required to verify your identity. The verification procedure is outlined in this booklet.

16. DECLARATIONRead carefully the Investor declarations, conditions and acknowledgements in the PDS and sign the application.

Applications may be signed or executed by individuals under Power of Attorney. Where the applicant signs under Power of Attorney, a certified copy of the relevant Power of Attorney must be enclosed with the application. Your Power of Attorney can be certified by a Justice of the Peace, a Commissioner for Declarations or your solicitor.

PortfolioCare eWRAP – Super/Pension – Application booklet4

VERIFICATION PROCEDURE

Identification details

Verify the individual’s full name and either their date of birth or residential address.

• Complete Part I (or if the individual does not own a document from Part I, then complete Part II or Part III).

• Contact your licensee if the individual is unable to provide the required documents.

Part I – Acceptable primary ID documents

Select ONE valid option from this section only.

Australian State/Territory driver’s licence that contains a photo and signature

Australian passport (a passport that has expired within the preceding two years is acceptable)

Card issued under the law of an Australian State or Territory

Foreign passport or similar travel document containing a photograph and the signature of the person.1

Part II – Acceptable secondary ID documents

Only needs to be completed if the individual does not own a document from Part I.

Select ONE valid option from this section.

Australian birth certificate Australian citizenship certificate

Pension Concession Card issued by Department of Human Services (previously known as Centrelink)

And ONE valid option from this section.

A document issued by the Commonwealth or a State or Territory within the last 12 months showing provision of financial benefits to the individual and which contains the individual’s name and residential address.

A document issued by the Australian Taxation Office within the preceding 12 months that records a debt payable by the individual to the Commonwealth (or by the Commonwealth to the individual), which contains the individual’s name and residential address. Block out the TFN before scanning, copying or storing this document.

A document issued by a local government body or utilities provider within the preceding three months which records the provision of services to that address or to that person (the document must contain the individual’s name and residential address).

Part III – Acceptable foreign ID documents

Only needs to be completed if the individual does not have a document from Part I.

EITHER document from this section must be presented.

Foreign driver’s licence that contains a photograph of the person in whose name it is issued and the individual’s date of birth.1

National ID card issued by a foreign government containing a photograph and a signature of the person in whose name the card was issued.1

1 Documents that are written in a language that is not English must be accompanied by an English translation prepared by an accredited translator.

PortfolioCare eWRAP – Super/Pension – Application booklet 1 of 8

PORTFOLIOCARE eWRAP – SUPER ACCOUNTAPPLICATIONEffective date: 14 December 2020Instructions on how to complete this application are contained in this booklet. Before completing, please read carefully the ‘Privacy statement’ in the PortfolioCare eWRAP – Super/Pension Product Disclosure Statement (PDS). It sets out important information you should know about how we handle personal information about you.

• Please complete this application in BLOCK LETTERS (using black ink): Your financial adviser may submit this application online using AdviserNET (you are required to have an adviser to operate an eWRAP account) or you can post it to PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000.

• Make cheques payable to PortfolioCare eWRAP – Super Account (Name of investor) and cross them ‘Not negotiable’.

• we cannot accept faxes or photocopies of this application.

This symbol indicates you need to give us more information.

This symbol indicates a required field/section.

Questions? Call the Contact Centre on 1800 004 594 or email [email protected]

CHECKLISTHave you:

signed the declaration and dated this form? attached the identification form including certified

identification documentation attached all your supporting documents if required,

eg Power of Attorney, Guardianship, Trust Deed, etc – original certified copies are required

supplied your tax file number supplied your email address?

Additional information is required if your financial adviser has not completed the record of proof of identity section:

Know Your Client (KYC) form

certified identification.

1. EXISTING ACCOUNT DETAILS

If you have an existing account that is in exactly the same name as this account, provide the account number and name below and go to section 3. We will apply the same account details to your new account.

Existing account number

– –

Existing account name

Go to section 3

2. NEW ACCOUNT DETAILS – MANDATORY SECTION IF SECTION 1 IS NOT COMPLETED

Title Surname

Given name(s)

Alternative name(s), ie any other names that you are known as:

1.

2.

3.

4.

Date of birth Gender

Male Female

PortfolioCare eWRAP – Super/Pension – Application booklet2 of 8

2. NEW ACCOUNT DETAILS – MANDATORY SECTION IF SECTION 1 IS NOT COMPLETED (CONTINUED)

Residential address (mandatory, PO Box not accepted)

State PostcodePostal address (if different from residential address)

State Postcode

Phone (Home) Phone (Business)

Phone (Mobile) Facsimile

Email

Occupation

Employment type: Full time Part time Self employed Casual Temporary Retired Student

Social security recipient Unemployed Dependent contractor Independent contractor

Other (home duties/work compensation/etc)

Source of Funds (mandatory)

What is the source of your contributions? Source of Funds refers to the origin and the means of transfer of the funds. If more than one response applies, please choose the most relevant option.

Bonus

Business income/earnings

Commission

Compensation payment

Gift/Donation

Government benefits

Inheritance

Insurance payment

Investment income/earnings

Loan

Redundancy

Rental income

Salary/Wages

Sale of assets

Superannuation/Pension

Tax refund

Windfall

Other (list below)

Source of Wealth (mandatory)

What is the source of your wealth (accumulated net worth)? Source of Wealth refers to the origin of your financial standing or total net worth (ie how you have generated your wealth).

If more than one response applies, please choose the most relevant option.



Employment income/earnings

Gift/Donation

Government benefits

Inheritance

Insurance payment


Owns real estate/property

Redundancy

Rental income

Sale of assets


Windfall

Other (list below)

3. TAX FILE NUMBER

Tax file number (TFN)

Note: You are under no obligation to provide your TFN. However, if you don’t provide your TFN, tax may be charged on your account at a higher rate than would otherwise apply and we may be required to return certain contributions to you. See ‘Tax file number’ under the ‘Investor declarations, conditions and acknowledgements’ section of the PDS for more information.


4. AUTHORITY TO OPERATE

Indicate if you are giving your financial adviser authority to operate your account on your behalf.

Yes, my financial adviser is granted authority to operate my account I authorise my financial adviser to give, and the Trustee to accept, instructions on my behalf as if they had been given by me, but my financial adviser agrees he/she cannot give instructions: 1. to change the name of my account 2. to transfer funds out of my Cash Account 3. in relation to any other matters outlined in the PDS that may require my personal instructions 4. to transfer my account from super to pension.

OR

No, my financial adviser is not granted authority to operate my account If you select this option, you will be required to sign all instructions relating to your account prior to your financial adviser submitting them to us online..

5. RESIDENCY DETAILS – MANDATORY SECTION

Are you an Australian resident for taxation purposes? Yes No

If No, indicate your country of residence for tax purposes

Date since

6. EMPLOYMENT DETAILS – MANDATORY SECTION

Employment status: Self-employed Employed Not applicable (as other circumstances apply)Employer’s/business name

Date commenced work

You need to complete the below ‘Work test declaration’ or ‘Work test exemption declaration’ if you are 67 or over, but not yet 75 and want to make a contribution (other than a mandatory employer contribution) into your account.

Work test declaration:

I declare that I am 67 or over but not yet 75 and have been gainfully employed for at least 40 hours in 30 consecutive days in the current financial year.

Work test exemption declaration:

I declare that I am 67 or over but not yet 75; and • I do not meet the conditions of the work test in the current financial year; and • I met the conditions of the work test in the previous financial year; and • I had a total superannuation balance1 below $300,000 on 30 June of the previous financial year; and • I have not previously relied on the work test exemption.

Note: 1 For more information on Total Superannuation Balance, refer to ato.gov.au.

7. SHARE TRADING

I wish to trade shares through my PortfolioCare eWRAP – Super account.

Dividend election

Cash Reinvest (DRP)Note: • If no dividend election is made, the default election of cash will be applied. • The dividend election will be applied across all share holdings in your account. Where reinvesting (DRP) is not available for a share or there is

a residual cash portion on the DRP, the dividend will be paid into the Cash Account.


8. REPORTS AND INFORMATION

Select one of the following options for receiving reports and information:

Online – I choose to access all correspondence online

Email address (required so we can notify you when important information is available on Investor Online):

Please note: If you select Online: • you acknowledge and agree that you have read and accept the terms and conditions for eStatements and online

communication set out in the Investor declarations, conditions and acknowledgements section of the Additional information booklet

• you will still receive some reports and letters by mail as we’re progressively moving to eStatements.

OR

By mail – I choose to receive the following correspondence by mail. Tick one preference per item below.

Mail investor report to: Investor OR Financial adviser

Further information

I would like to receive information, special offers and exclusive opportunities about other products or services.

9. INITIAL DEPOSITS AND CONTRIBUTIONS

Indicate the type of deposit you’re making.

Rollover details

Complete the details below for the initial rollover(s) and any additional rollovers to follow. You must forward the relevant rollover documentation with the initial rollover cheque(s) to us or complete the transfer authority in this booklet if you’d like us to manage the transfer.

Rollover 1 Institution Expected amount

$ , .X X


$ , .X X

AND/OR

Deposit details

Amount $ , .X X

Deposit type Cheque Direct Deposit The deposit is made up of:

Personal deducted contribution1,2,4

Personal undeducted contribution2,3

Spouse contribution2,3

$ $ $

If depositing via direct debit, complete the direct debit request in this booklet or your employer can make electronic contributions to your account using an employer portal.

Note: Contributions caps apply to each financial year’s contributions. Contributions above these caps may be liable for additional tax which is determined by the ATO at the end of the financial year. It is your or your adviser’s responsibility to monitor your contribution caps. The Administrator will not be held responsible for ensuring that you do not exceed your contribution caps.

1 If you’re making a personal deductible contribution, you will also need to provide a valid Personal Tax Deduction Notice to confirm your intention to claim a tax deduction for this contribution. The Personal Tax Deduction Notice needs to be provided to us by the end of the financial year following the financial year in which the contribution was made (or earlier if you are starting a pension, requesting a full or partial transfer or lump-sum withdrawal).

2 We are unable to accept one-off member contributions (personal deducted contributions that are not covered by a valid tax deduction notice, personal undeducted and spouse contributions) where it exceeds the allowable cap or you have not supplied us with your TFN.

3 This type of contribution counts towards your non-concessional contribution cap.

4 This type of contribution counts towards your concessional contribution cap.

5 Your adviser and you are required to monitor your contributions towards your concessional contribution cap.


10. REGULAR DEPOSIT PLAN

I wish to set up a regular deposit plan on my account.

You need to complete the below section as well as the ‘Direct debit request’ appearing in this booklet.

Note: You will need to ensure that you are eligible to contribute to your account during the duration of your regular deposit plan. If your circumstances change (ie you are no longer eligible to make contributions into your account), you will need to provide us with instructions to cancel your regular deposit plan. For more information on circumstances in which contributions can be made, refer to What kind of contributions do we accept? in the Additional Information Booklet.

Regular deposit plan details

Regular deposit amount (minimum $100): $ , .X X

Frequency: Monthly Quarterly Half-yearly AnnuallyNote: If you do not specify the frequency, the ‘monthly’ frequency will be applied to your direct debit.

Start date:

End date (optional):

Note: If no start date is specified, the direct debit will start immediately after this application has been processed.




$ $ $

Contributions caps apply to each financial year’s contributions. Contributions above these caps may be liable for additional tax which is determined by the ATO after the end of the financial year. It is your or your adviser’s responsibility to monitor your contribution caps. The Administrator will not be held responsible for ensuring that you do not exceed your contribution caps.

1 If you’re making a personal deductible contribution, you will also need to provide a valid Personal Tax Deduction Notice to confirm your intention to claim a tax deduction for this contribution. The Personal Tax Deduction Notice needs to be provided to us by the end of the financial year following the financial year in which the contribution was made (or earlier if you are starting a pension, requesting a full or partial transfer or lump-sum withdrawal).


3 This type of contribution counts towards your non-concessional contribution cap.

4 This type of contribution counts towards your concessional contribution cap.

5 Your adviser and you are required to monitor your contributions towards your concessional contribution cap.

11. NOMINATED BANK ACCOUNT DETAILS

Note: The nominated bank account must be held in your name or, if it’s a joint account, a bank account where you are one of the bank account holders.

Name(s) bank account is held in

BSB number Bank account number

–

Financial institution and branch name


12. NOMINATED BENEFICIARIES

You can nominate one or more dependants and/or your estate to be paid the balance in your account (including any insured benefit) when you die. For information on who you can nominate and the effect of making a nomination, see How will the benefit be paid upon death? in the PDS.

If you wish to make a discretionary nomination, please complete the below section. If you would like to make a binding nomination, complete the binding death benefit nomination in the attached application booklet.

Discretionary nomination

Estate/Dependant(s) Allocation

Estate %

AND/OR

Dependant 1

Full name

Relationship (please select only one option)

Spouse Child1 Interdependency relationship Financial dependant

%

Dependant 2

Full name



%

Dependant 3

Full name



%

Dependant 4

Full name



%

Your total allocation must total 100% 100%

1 If one or more of your nominated dependants is a child under 18 years of age and you would like them to be paid a child pension, you need to complete a child pension nomination which must accompany this application. Your financial adviser can download this form from AdviserNET.


13. ADVISER’S DETAILS AND DECLARATION (YOUR FINANCIAL ADVISER WILL COMPLETE THIS SECTION) – MANDATORY SECTION

By completing this section, you (the financial adviser) authorise us to collect, maintain, use and disclose your personal information in the manner set out in our privacy policy, a copy of which can be obtained free of charge from our Customer Relations team.

Adviser’s company

Adviser’s name

AFS Licensee name

AFSL number Adviser’s phone Adviser’s code

– B A –

Adviser email address

Declaration by financial adviser

I confirm that I have conducted the relevant customer identification procedure in line with the obligations under AML/CTF Law, and:

• I have attached the necessary certified proof of identity documents with the application; or

• I have sighted and retained copies of the necessary certified proof of identity documents as recorded in the ‘Verification procedure’ table contained in this booklet.

Record of verification procedure ID document 1 ID Document 2

Verified from Original Certified copy Original Certified copy

Document type

Document issuer

Issue date

Expiry date

Document number

Accredited English translation N/A Sighted N/A Sighted

Date verified

Signature (financial adviser)

✗ Date

Dealer stamp


14. DECLARATION – MANDATORY SECTION

• I confirm that before this application was signed by me, I was given a copy of the current PDS (consisting of the PDS, the Additional Information Booklet and the Investment Options document) and any Supplementary Product Disclosure Statement(s) (SPDS) (as confirmed by my financial adviser), which I have read and understood.

• I expressly acknowledge the Important information in the PDS.

• I give and make the Investor declarations, conditions and acknowledgements contained in the PDS.

• I confirm all details in this application are true and correct.

• I agree to receive any communications (including any confirmation of any transaction or dealing, notice of material changes and significant events and other information I may request) details of illiquid investments and documents (including the product disclosure statements for underlying managed investments and periodic reports) which the Trustee is required or permitted to give, or has agreed to give, to me relating to my account via Investor Online, or any other electronic means chosen by the Trustee (and for these purposes, I agree I will be taken to have received the relevant information whether or not I access the information).

Signature

✗Date

Trustee: N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFS Licence No. 234654 Fund: Wealth Personal Superannuation and Pension Fund ABN 92 381 911 598. Member of the AMP group. Administered by: Asgard Capital Management Limited ABN 92 009 279 592 AFS Licence No. 240695 Correspondence to: PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000 Phone: 1800 004 594


Effective date: 14 December 2020Instructions on how to complete this application are contained in this booklet. Before completing, please read carefully the ‘Privacy statement’ in the PortfolioCare eWRAP – Super/Pension Product Disclosure Statement (PDS). It sets out important information you should know about how we handle personal information about you. • Please complete this application in BLOCK LETTERS

(using black ink): Your financial adviser may submit this application online using AdviserNET (you are required to have an adviser to operate an eWRAP account) or you can post it to PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000.

• Make cheques payable to PortfolioCare eWRAP – Pension Account (Name of investor) and cross them ‘Not negotiable’. If you are investing through the PortfolioCare eWRAP – Super Account, your non-rollover cheque should be payable to PortfolioCare eWRAP – Super Account (Name of investor).

• we cannot accept faxes or photocopies of this application.

This symbol indicates you need to give us more information.


Questions? Call the Contact Centre on 1800 004 594 or email [email protected]

CHECKLISTHave you:

signed the declaration and dated this form?

attached the identification form including certified identification documentation

attached all your supporting documents if required, eg Power of Attorney, Guardianship, Trust Deed, etc – original certified copies are required

supplied your tax file number

supplied your email address?

Additional information is required if your financial adviser has not completed the record of proof of identity section:

Know Your Client (KYC) form

certified identification.

PORTFOLIOCARE eWRAP – PENSION ACCOUNTAPPLICATION

1. EXISTING ACCOUNT DETAILS

If you have an existing account that is in exactly the same name as this account, provide the account number and name below, mark any changes in section 2, and go to section 3. We will only apply the amended account details to your new account.


– –

Existing account name

Go to section 3

2. NEW ACCOUNT DETAILS – MANDATORY SECTION IF SECTION 1 IS NOT COMPLETED

Title Surname

Given name(s)


1.

2.

3.

4.Date of birth Gender

Male Female


2. NEW ACCOUNT DETAILS – MANDATORY SECTION IF SECTION 1 IS NOT COMPLETED (CONTINUED)

Residential address (mandatory, PO Box not accepted)

State PostcodePostal address (if different from residential address)

State PostcodePhone (Home) Phone (Business)


Email

Occupation

Employment type: Full time Part time Self employed Casual Temporary Retired Student

Social security recipient Unemployed Dependent contractor Independent contractor

Other (home duties/work compensation/etc)

Source of Funds (mandatory)

What is the source of your contributions? Source of Funds refers to the origin and the means of transfer of the funds. If more than one response applies, please choose the most relevant option.

Bonus


Commission


Gift/Donation

Government benefits

Inheritance

Insurance payment


Loan

Redundancy

Rental income

Salary/Wages

Sale of assets


Tax refund

Windfall

Other (list below)

Source of Wealth (mandatory)

What is the source of your wealth (accumulated net worth)? Source of Wealth refers to the origin of your financial standing or total net worth (ie how you have generated your wealth).

If more than one response applies, please choose the most relevant option.



Employment income/earnings

Gift/Donation

Government benefits

Inheritance

Insurance payment


Owns real estate/property

Redundancy

Rental income

Sale of assets


Windfall

Other (list below)

3. TAX FILE NUMBER

Tax file number (TFN) Exemption code

OR

Note: You are under no obligation to provide your TFN. However, if you don’t provide your TFN, tax may be charged on your account at a higher rate than would otherwise apply and we may be required to return certain contributions to you. See ‘Tax file number’ under the ‘Investor declarations, conditions and acknowledgements’ section of the PDS for more information.

If you are over 60, you do not need to complete the ‘Tax file number declaration’


4. AUTHORITY TO OPERATE

Indicate if you are giving your financial adviser authority to operate your account on your behalf.

Yes, my financial adviser is granted authority to operate my account I authorise my financial adviser to give, and the Trustee to accept, instructions on my behalf as if they had been given by me, but my financial adviser agrees he/she cannot give instructions: 1. to change the name of my account 2. to transfer funds out of my Cash Account 3. in relation to any other matters outlined in the PDS that may require my personal instructions 4. to transfer my account from super to pension.

OR

No, my financial adviser is not granted authority to operate my account If you select this option, you will be required to sign all instructions relating to your account prior to your financial adviser submitting them to us online.

5. RESIDENCY DETAILS – MANDATORY SECTION

Are you an Australian resident for taxation purposes? Yes No

If No, indicate your country of residence for tax purposes

Date since

6. PENSION ELIGIBILITY – MANDATORY SECTION

Tick the condition that applies to you:

Transition to Retirement Pension

I am between my preservation age and age 64.

Account Based Pension

My pension account is comprised entirely of Death Benefit Income Stream benefits1.

My pension account is comprised of unrestricted non-preserved superannuation benefits

I am between age 60 and 64 and have ceased an employment arrangement since turning 60^.

Date ceased employment:

I am between my preservation age and age 64 and have permanently ceased employment and

do not intend to be gainfully employed again for 10 hours or more per week.

I am age 65 or over.

Note: For more information on your preservation age, please refer to the relevant disclosure document for your product or visit the ATO’s website, www.ato.gov.au.

Permanent incapacity

To access preserved benefits on the grounds of permanent incapacity, you need to provide certificates from two legally qualified medical practitioners stating that, in their opinion, because of your ill-health (whether physical or mental), it is unlikely that you can engage in gainful employment for which you are reasonably qualified by education, training or experience. To enable us to consider whether to classify your benefit payment as a ‘disability superannuation benefit’ and calculate any applicable tax free component, in addition to the need for the certificates from two doctors, please:

1. Confirm that you are requesting payment of your benefits because you suffer from ill-health (whether physical or mental).

Yes No

2. Advise that date on which you stopped being capable of being gainfully employed (if you were employed, we would expect this date to be the date on which your employment terminated).


3. If you were employed at the time you began to suffer ill health and your employment contract specified a retirement date prior to your 65th birthday, provide details of the earlier retirement date below. If no date is specified in your employment contract, leave the field below blank, and your 65th birthday will be used. Please note that providing an earlier date may have taxation consequences.

(if no date is specified, the date on which you turn 65 will be used)1. Death Benefit Income Stream benefits cannot be combined with other superannuation or pension monies to retain the death benefit

entitlements.

^ Important note: For clients that have ceased an employment arrangement on or after age 60, only unrestricted non-preserved benefits can be

used to commence the pension. Any additional rollovers and contributions need to first be consolidated into Super, a condition or release

7. SHARE TRADING

I wish to trade shares through my PortfolioCare eWRAP – Super account.

Dividend election

Cash Reinvest (DRP)Note: • If no dividend election is made, the default election of cash will be applied. • The dividend election will be applied across all share holdings in your account. Where reinvesting (DRP) is not available for a share or there is

a residual cash portion on the DRP, the dividend will be paid into the Cash Account.

8. REPORTS AND INFORMATION

Select one of the following options for receiving reports and information:

Online – I choose to access all correspondence online

Email address (required so we can notify you when important information is available on Investor Online):

Please note: If you select Online: • you acknowledge and agree that you have read and accept the terms and conditions for eStatements and online

communication set out in the Investor declarations, conditions and acknowledgements section of the Additional information booklet

• you will still receive some reports and letters by mail as we’re progressively moving to eStatements.

OR

By mail – I choose to receive the following correspondence by mail. Tick one preference per item below.

Mail investor report to: Investor OR Financial adviser

Further information

I would like to receive information, special offers and exclusive opportunities about other products or services.

9. INITIAL DEPOSITS AND CONTRIBUTIONS

Indicate the type of deposit you’re making.

Rollover details

Complete the details below for the initial rollover(s) and any additional rollovers to follow. You must forward the relevant rollover documentation with the initial rollover cheque(s) to us or complete the transfer authority in this booklet if you’d like us to manage the transfer.


$ , .X X


$ , .X X


AND/OR

Deposit details

Amount $ , .X X

Deposit type Cheque Direct Deposit

The deposit is made up of:




$ $ $

If depositing via direct debit, complete the direct debit request in this booklet or your employer can make electronic contributions to your account using an employer portal.

Note: Contributions caps apply to each financial year’s contributions. Contributions above these caps may be liable for additional tax which is determined by the ATO at the end of the financial year. It is your or your adviser’s responsibility to monitor your contribution caps. The Administrator will not be held responsible for ensuring that you do not exceed your contribution caps.1 If you’re making a personal deductible contribution, you will also need to provide a valid Personal Tax Deduction Notice to confirm your

intention to claim a tax deduction for this contribution. The Personal Tax Deduction Notice needs to be provided to us by the end of the financial year following the financial year in which the contribution was made (or earlier if you are starting a pension, requesting a full or partial transfer or lump-sum withdrawal).


3 This type of contribution counts towards your non-concessional contribution cap.4 This type of contribution counts towards your concessional contribution cap.5 Your adviser and you are required to monitor your contributions towards your concessional contribution cap.

Contributions by members aged 67 years or over but under 75

You need to complete the below section if you are 67 or over, but not yet 75 and want to make a contribution other than a mandatory employer contribution) when setting up a new pension account.

I declare that I am 67 or over but not yet 75 and have worked at least 40 hours in 30 consecutive days in the current financial year.

10. TRANSFER DETAILS

Transfer type

Full Asset Transfer

Transfer non-tax paid investments from my existing PortfolioCare super and/or pension account to my PortfolioCare eWRAP – Pension Account without selling these investments.

– –

Note: If you wish to transfer part of the investments held in your super/pension account without selling them down or are transferring multiple accounts, you need to open your eWRAP pension account online using AdviserNET with your financial adviser.

OR

Partial $ selldown

Transfer $ , .X X from my existing PortfolioCare super and/or pension account

– –

Note: If you nominate to transfer part of your existing super and/or pension account, your investments will be sold and transferred as cash to your PortfolioCare eWRAP – Pension Account.

OR

Full $ selldown

Close my existing PortfolioCare super and/or pension account and transfer the total balance.

– –

Note: All investments in your existing super/pension account will be sold and transferred as cash to your PortfolioCare eWRAP – Pension Account.


11. COMMENCEMENT DATE OF PENSION

Commencement date of opening your pension account

(only complete if you are aggregating rollover payments in the super account)

Note: If you do not provide a pension commencement date, the commencement date of pension will be the date of receipt of your single rollover. If you do provide a commencement date, you authorise your financial adviser to change this date by notifying us. Where you are transferring some or all of the balance in your existing PortfolioCare eWRAP – Super/Pension account and investments need to be sold, we will start selling those investments on the commencement date provided. In this case, your pension will commence as soon as all sale proceeds are received. This date does not relate to when you will receive your first pension payment, please refer to ‘Pension details’ section for further info.

12. PENSION DETAIL – MANDATORY SECTION

Minimum allowable pension1

OR

Maximum allowable pension2

OR

Pay me $ , .X X gross amount (before tax) to be received each pension payment.

This amount must be within your minimum and maximum pension2 amounts prescribed by legislation.

Make my pension payments

Monthly OR Quarterly in March, June, September and December OR Annually in June

1 If your pension account commences on or after 1 June no minimum will be paid for that year. To receive a payment during this period a gross amount will need to be nominated.

2 A maximum only applies to Pre-Retirement Pensions only.

Note: • We can only make pension payments to an account that is held in your name or a joint account where you are one of the joint holders. • We will use this bank account as your nominated bank account unless you provide us with an alternative bank account in Section 15.

Nominated bank account below.

Pay my pension to the following account:Note: We will use this bank account as your nominated bank account unless you provide us with an alternative bank account in Section 14. Nominated bank account below.

Branch name

Branch address

State PostcodeName(s) bank account is held in


–

13. NOMINATED BANK ACCOUNT DETAILS

Note: • We will automatically set up the bank account you nominated in Section 14 as your nominated bank account. You only need to fill out the

below bank details if you wish to nominate a different bank account to withdraw funds to. • The nominated bank account must be held in your name or, if it’s a joint account, a bank account where you are one of the bank account holders.

Name(s) bank account is held in


–

Financial institution and branch name



You can nominate one or more dependants and/or your estate to be paid the balance in your account when you die.

For more information, refer to How will the benefit be paid upon death? in the PDS.

If you wish to make a reversionary pension option or a discretionary nomination, please complete the below section. If you would like to make a binding nomination, complete the binding death benefit nomination in the attached application booklet.

PART A – Reversionary pension option

Only complete this section if you wish to nominate a dependant to receive your death benefit in the form of a pension.

Type of reversionary nomination (please select one option only)

Discretionary nomination

Reversionary pension option – complete Part A

Nominated dependants option – complete Part B

OR

Binding nomination – complete the Binding death benefit nomination form in this booklet.

Note: We cannot accept binding reversionary nominations.

OR

Auto-reversionary nominations – complete the Automatic Reversionary Nomination Form in this booklet.

In the event of my death, I request that the pension be paid to my dependant:

Full name

Date of birth Gender

Male Female

Relationship (please indicate only one)

Spouse Child Interdependency relationship Financial dependant

PART B – Discretionary nomination


Estate %

AND/OR

Dependant 1

Full name

Relationship (please select only one option) Spouse Child1 Interdependency relationship Financial dependant

%

Dependant 2

Full name


%

Dependant 3

Full name


%


Dependant 4

Full name


%


1 If one or more of your nominated dependants is a child under 18 years of age and you would like them to be paid a child pension, you need to complete a child pension nomination which must accompany this application. Your financial adviser can download this form from AdviserNET.

15. ADVISER’S DETAILS AND DECLARATION (YOUR FINANCIAL ADVISER WILL COMPLETE THIS SECTION) – MANDATORY SECTION

By completing this section, you (the financial adviser) authorise us to collect, maintain, use and disclose your personal information in the manner set out in our privacy policy, a copy of which can be obtained free of charge from our Customer Relations team.

Adviser’s company

Adviser’s name

AFS Licensee name

AFSL number Adviser’s phone Adviser’s code

– B A –

Adviser email address


Declaration by financial adviser

I confirm that I have conducted the relevant customer identification procedure in line with the obligations under AML/CTF Law, and:

• I have attached the necessary certified proof of identity documents with the application; or

• I have sighted and retained copies of the necessary certified proof of identity documents as recorded in the ‘Verification procedure’ table contained in this booklet

Record of verification procedure ID document 1 ID Document 2

Verified from Original Certified copy Original Certified copy

Document type

Document issuer

Issue date

Expiry date

Document number

Accredited English translation N/A Sighted N/A Sighted

Date verified

Signature (financial adviser)

✗ Date

18. DECLARATION

• I confirm that before this application was signed by me, I was given a copy of the current PDS (consisting of the PDS, the AIB and the Investment Options document) and any Supplementary Product Disclosure Statement(s) (SPDS) (as confirmed by my financial adviser), which I have read and understood.

• I expressly acknowledge the Important information section in the PDS.

• I give and make the Investor declarations, conditions and acknowledgements section of the AIB and give the Trustee the authorisations referred to in the section Consolidating your rollovers and contributions in the AIB.

• I confirm all details in this application are true and correct.

• I agree to receive any communications (including any confirmation of any transaction or dealing, notice of material changes and significant events and other information I may request) details of illiquid investments and documents (including the product disclosure statements for underlying managed investments and periodic reports) which the Trustee is required or permitted to give, or has agreed to give, to me relating to my account via Investor Online, or any other electronic means chosen by the Trustee (and for these purposes, I agree I will be taken to have received the relevant information whether or not I access the information).

Signature

✗Date

Dealer stamp


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eWRAP Super/Pension – Advice fee client consent1 of 6

PORTFOLIOCARE eWRAP SUPER/PENSIONADVICE FEE CLIENT CONSENTComplete this form in BLOCK LETTERS by typing directly into the form or using black pen, print and sign it.

Send the completed form to us via one of the following methods:

• ask your adviser to lodge it on your behalf on AdviserNET

• submit a copy via our secure Document Upload facility on Investor Online or AdviserNET (accessed from Forms > Document Upload menu)

• post to PortfolioCare, PO Box 7229 Perth Cloisters Square WA 6000

• email a copy to [email protected]

Questions? Please contact your financial adviser or call our Customer Relations team on 1800 004 594, Monday to Friday, between 8.30am and 7.00pm, Sydney time (8.00pm during daylight savings time) or email [email protected]

NOTE: • When you have signed the form, please return to us via

one of the above methods within 14 days.

• Privacy laws protect your privacy. Please read our privacy policy for more information. A copy can be obtained from our website amp.com.au/privacy. You should read this policy before providing your consent to this form. This policy is reviewed and may be amended from time to time.

• If you have more than one account a separate form must be used to change the fees on each account.

• Your adviser/adviser’s licensee identified in section 5 below (referred to in this form as the ‘advice entity’) is requesting your consent to arrange for the deduction of advice fee(s) from your account described in section 1 below for their advice and related services, as set out below. If you give your consent to the advice entity, you will also give your consent to the trustee N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFSL 234654 (NM Super) for Asgard Capital Management Ltd (ACML), as administrator, to deduct the advice fee(s) from your account to pay the advice entity (or to such other entity as directed by the advice entity).

1. ACCOUNT DETAILS

a) Existing account details

Complete this section if you are providing a consent for advice fees in relation to an existing PortfolioCare eWRAP Super or Pension account. The advice fees specified in this form will be applied to the account number you specify below.


– –

Existing member name

b) New account details

Complete this section if you are providing a consent for advice fees in relation to a new PortfolioCare eWRAP Super or Pension account that will be established as part of a new account application. Provide the details as entered on your account application form.

Account type (ie PortfolioCare eWRAP Super)

Title Surname

Given name(s)

Date of birth


2. ADVISER DETAILS

Adviser’s name

Adviser’s phone Adviser’s code

B A

Adviser’s email address

3. ONGOING ADVICE FEES

Complete this section if you wish to amend or renew an existing or set up a new ongoing, adviser fee arrangement.

Next renewal notice day

This is the next anniversary of the date on which this ongoing fee arrangement is entered into or is renewed. This date cannot be more than 12 months from the date the form is submitted.

Consent expiry date

This is the last day that this consent will be valid. This must be no more than 59 days after the next renewal notice day.

Services to be provided for ongoing advice fee

Describe the services (including, at a minimum financial product advice) provided under the ongoing fees arrangement with sufficient detail to enable an assessment of the reasonableness of the amount for those services.

Warning of benefits that may cease or reduce for the member due to ongoing advice fee being deducted

Describe the benefits that may cease or reduce for the client due to the fees being deducted eg advice fees will reduce your transaction account balance and if it falls below the minimum balance, you will need to top up your transaction account.


a) Ongoing advice fee

Advice fees that you and the advice entity specify are exclusive of GST and will be automatically adjusted to include GST. Where a percentage is specified, the maximum is 2% (excluding GST) per asset class.

Ongoing fee amount

Select ongoing advice fee component and enter details

Flat dollar fee of $ , . per month

Apply annual increase in line with the Consumer Price Index (CPI) released for the previous quarter:

Increase to start in: January April July October Year: OR

Flat percentage fee of

Cash . % per annum

Managed investments . % per annum

Shares . % per annum

OR

Sliding scale (applied to the combined value of managed investments and shares only). Complete the table below:

$ to $ . % per annum

$ to $ . % per annum

$ to and above

. % per annumNote:

• You can withdraw this consent, terminate or vary the ongoing advice fee arrangement between you and the fee recipient at any time by providing notice in writing to the fee recipient.

• Your consent for the ongoing advice fee arrangement expires on the consent expiry date shown above. Unless you terminate your arrangement with your fee recipient or withdraw your consent before the consent expiry date, this consent will last until the consent expiry date.

• The ongoing advice fee will be deducted monthly in arrears from your transaction account at the beginning of the next month. The first deduction will only occur after this consent has been received and checked by NM Super.

b) Advice fee estimate

Fee estimate calculation for the fee arrangement entered in section a.

Estimated fee for the next 12 months

$ , .

Does the estimated fee amount entered above include or exclude GST?

Amount includes GST

Amount excludes GST

Fee estimate calculation method for your flat % ongoing advice fee

• The estimated fee amount has been calculated by:

(a) categorising the assets in which your balance is invested into various types (eg managed investments or shares);

(b) multiplying the estimated value of your investment in each asset type for the year (as estimated by your adviser) by the percentage rate per annum that has been specified in section 3 (a) above for that asset type; and adding together the amounts obtained in (b) for each asset type.

Fee estimate calculation method for your flat $ ongoing advice fee:

• The estimated fee amount has been calculated by multiplying the monthly Flat $ fees amount multiplied by 12 months.


Fee estimate calculation method for your sliding scale % ongoing advice fee:

• The estimated fee amount has been calculated by:

(a) categorising the assets in which your balance is invested into managed investments or shares;

(b) applying (i.e. multiplying) the total estimated value of your investments in managed investments and shares for the year (as estimated by your adviser) to the percentage rates pa in each tier (which has been specified in section 3 (a) above); and

(c) adding together the amounts obtained in (b) for each tier.

4. ONE-OFF ADVICE FEE AND INITIAL DEPOSITS FEE

Services to be provided for one-off advice fee and/or initial deposits fee

Describe the services (including, at a minimum financial product advice) provided under the one-off advice fee and/or initial deposits fee arrangement with sufficient detail to enable an assessment of the reasonableness of the amount for those services.

Warning of benefits that may cease or reduce for the member due to one-off advice fee and/or initial deposits fee being deducted

Advice fees you have agreed to will reduce your transaction account balance. If your transaction account falls below the minimum balance required, you will need to top up your transaction account balance. This may be done automatically by NM Super cashing other investments held in your account and as described in the relevant product disclosure statement

a) One-off advice fee

Enter fee amount (excluding GST). The one-off advice fee cannot exceed $5,000 (excluding GST) (including any initial deposit fee listed in section 4 b)) over a 5 year rolling basis.

$ , . Notes:

• Your consent will last until the fee is deducted from the account, provided that the relevant arrangement with your adviser or your adviser’s licensee has not terminated and you have not withdrawn this consent prior to that date. Deduction will occur after this consent has been received and checked by NM Super.

• You can withdraw your consent by contacting NM Super at any time prior to the services being provided by your adviser. • The one-off fee will be charged once only and will be charged in addition to any ongoing advice fee(s). It will be deducted in arrears from

your transaction account the month following receipt of this completed consent form or, if applicable, at the time your account is closed. The one-off advice fee will only be charged if your total account balance as at the end of the previous month was sufficient to cover the fee amount, otherwise the fee will carry forward to the next month.

b) Initial deposits fee

Nominate the initial deposit fee (excluding GST) to apply to initial deposits and rollovers. The initial deposit fee cannot exceed a maximum of $5,000 (excluding GST), across all initial deposits and rollovers and including any one-off fees listed in section 4 a).

Rollover 1

Institution

Expected amount

$ , , .

Initial deposit fee: . % OR $ , . Where a percentage fee has been selected please estimate the dollar value of that fee (excluding GST): , .


Rollover 2

Institution

Expected amount

$ , , .


AND/OR

Desposit details

Amount $ , , . Deposit type 3 Cheque 3 Direct Debit


Notes: • Your consent will last until the fee is deducted from the account, provided that the relevant arrangement with your adviser or your adviser’s

licensee has not terminated and you have not withdrawn this consent prior to that date. Deduction will occur after this consent has been received and checked by NM Super.

• You can withdraw your consent by contacting the trustee at any time prior to the services being provided by your adviser. • The initial deposits fee will be charged only once and will be charged in addition to any ongoing advice fee(s). It will be deducted from your

transaction account at the same time as we receive your initial deposit.

5. ADVICE FEE DECLARATION

Details of the financial service licensee or the representative that has entered into the fee arrangement with the member (which in relation to an ongoing fee arrangement, will be a ‘fee recipient’ within the meaning of section 962C of the Corporation Act).

Fee recipient level

Adviser Office Dealer

Entity name

Entity phone

Entity email

By arranging for the deduction of the fee(s) shown in this form, the advice entity confirms and agrees that: • the proposed advice fee(s) and the details provided in this form are consistent with the terms of the arrangement

between the advice entity and the client and there is no other agreement or arrangement with the client that may be inconsistent with the details provided in this consent. To the extent of any inconsistency between the terms of the existing arrangement between the advice entity and the client and the details in this form, this form prevails;

• the advice entity will immediately inform NM Super of any changes to the arrangement with the client – eg variation or withdrawal of this consent, renewal or other terms of the arrangement – that may be inconsistent with the details provided in this consent;

• the services listed above have been or will be provided in accordance with the terms of the arrangement with the client and this consent;

• the proposed advice fee amount is a reasonable amount for the proposed services listed above; • the services provided will only be in relation to the member’s Super or Pension account;


• the advice entity will provide any information required by NM Super for the purposes of ensuring compliance with relevant legal or regulatory requirements (including guidance provided by regulators or industry groups);

• NM Super reserves the right to cease deducting or facilitating the advice fees at any time; and • once the client has signed the form, the advice entity authorises for the signed form to be provided to ACML and

NM Super.

Client declaration & signature

By signing this form, I: • confirm that the proposed advice fee(s) and the details provided in this form are consistent with the terms of the

arrangement between myself and the advice entity and there is no other agreement or arrangement with the advice entity that may be inconsistent with the details provided in this consent. To the extent of any inconsistency between the terms of my existing arrangement with the advice entity and the details in this form, the latter prevails;

• consent to the advice entity arranging the fee(s) set out in this form, and to ACML deducting the fee(s) on behalf of NM Super from my account and paying the fee(s) to the advice entity (or such other entity as directed by the advice entity), or to their assignee on the basis that their assignee will assume the obligation to provide advice to me, for the advice and related services listed above, in the manner provided in this form;

• confirm that if I commence a pension in my account, my consent to the deduction of the advice fee(s) will continue in accordance with this form unless I instruct you otherwise;

• will notify NM Super if I do not receive any of the services listed above, or an inconsistency arises between the details provided in this form and the terms of the arrangement between myself and the advice entity; and

• understand that NM Super reserves the right to cease deducting or facilitating advice fees at any time.

Full name

Client Signature

Date

Administrator

Asgard Capital Management Ltd ABN 92 009 279 592 AFSL No. 240695

Trustee

N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFS Licence No. 234654

Correspondence

PortfolioCare PO Box 7229 CLOISTERS SQUARE PERTH WA 6000 A

S408

52 1

220s

x


Use this form when you wish to transfer benefits from another superannuation fund into your PortfolioCare eWRAP – Super/Pension Account.

Please complete this transfer authority in BLOCK LETTERS (using black ink) and post to PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000 or email it to [email protected].

Important information:

• In this form, a reference to your ‘FROM fund’ means the superannuation fund you are transferring benefits from.

• Before completing this form, we recommend you ensure that you have adequate insurance arrangements in place before you cancel any existing insurance cover you may have with your FROM fund.

• If you want to transfer benefits from more than one FROM funds, please use a separate form for each FROM fund. Original signature is required on each form.

• You do not need to complete this form if you are transferring your benefits from another PortfolioCare eWRAP – Super/Pension account.

• Please contact your FROM fund provider to confirm if they have any additional requirements before they can action this transfer authority.

• Privacy laws protect your privacy. Please read our privacy policy for more information. A copy can be obtained from our website at amp.com.au.

• The completed and signed Transfer Authority needs to be returned to the Trustee.


Questions? Call the Customer Relations team on 1800 004 594 or email [email protected]

Note: If you do not supply all the required information to process your request, please be aware that this may delay the actioning of your request with your From fund.

PORTFOLIOCARE eWRAP – SUPER/PENSIONTRANSFER AUTHORITY

1. ACCOUNT DETAILS

If you have an existing account that is in exactly the same name as this account, provide the account number and name below, mark any changes in section 2, and go to section 3. We will only apply the amended account details to your new account.

Account number (if known)

– –

Account name (your name)

Account type

PortfolioCare eWRAP – Super Account Australian Business Number (ABN) 92 381 911 598 Unique Superannuation Identifier (USI) 92381911598007

PortfolioCare eWRAP – Pension AccountAustralian Business Number (ABN) 92 381 911 598 Unique Superannuation Identifier (USI) 92381911598006

2. YOUR PERSONAL DETAILS

Title Surname

Given name(s)


1.

2.

3.

4.

Residential address

State Postcode


2. YOUR PERSONAL DETAILS (CONTINUED)

Postal address (if different from residential address)

State PostcodePrevious address

State PostcodeDate of birth Gender

Male FemalePhone (Home) Phone (Business)


Email

Note: If your personal details have changed, you may need to contact your FROM fund and update their records before they action this authority.

3. TAX FILE NUMBER

Tax file number (TFN) Exemption code

OR

Note: Under the Superannuation Industry (Supervision) Act 1993, you are not obliged to disclose your tax file number, but there may be tax consequences.

If you are over 60, you do not need to complete the ‘Tax file number declaration’

4. TRANSFER DETAILS (MANDATORY)

Part A – FROM (Transferring fund)

I request that the benefits held in the superannuation fund as detailed below be transferred to my account specified in section 1:

Product/Superannuation Fund name

ABN (mandatory) Unique Superannuation Identifier (USI)

OR

Please note: You can find the ABN and USI of the fund you are transferring from by contacting them directly or using the Australian government’s Super Fund Lookup tool (available at superfundlookup.gov.au).

Account/membership/policy name

Account/membership/policy number (Client Identifier)

Previous address

State PostcodePhone (Business)

Note: If you have multiple account numbers with this fund, you must complete a separate form for each account you wish to transfer.


4. TRANSFER DETAILS (MANDATORY) (CONTINUED)

Part B – Amount/benefit to be transferred

Entire balance

(Your account in the FROM fund will be closed.)

Approximate value: $

OR

Partial balance

Amount: $

Note: A Capital Gains Tax (CGT) liability may arise and be deducted from your benefit prior to the transfer being processed. We recommend you seek taxation advice prior to authorising the transfer.

Part C – TO (Receiving fund)

Please forward cheque made payable to: ‘PortfolioCare eWRAP – Super/Pension (Name of member)’ with related documentation to:

PortfolioCare PO Box 7229 PERTH, CLOISTERS SQUARE WA 6000

Customer Relations team: 1800 004 594

Note: You must check with your TO fund to ensure they can accept this transfer.

5. DECLARATION AND SIGNATURE (MANDATORY)

I request that the trustee of my FROM fund (specified in Part A of section 4) to transfer my superannuation benefits (specified in Part B of section 4) to the PortfolioCare eWRAP – Super Account and PortfolioCare eWRAP – Pension Account (ABN 92 381 911 598).

I make the following statements:

• I declare I have fully read this form and the information I completed is true and correct.

• I am aware that I may ask my superannuation provider for information about any fees or charges that may apply, or any other information about the effect this transfer may have on my benefits and have obtained or do not require such information.

• I authorise the trustee of my FROM fund to provide any and all relevant information to the PortfolioCare eWRAP – Super Account and PortfolioCare eWRAP – Pension Account.

• I authorise the trustee to act on my behalf in arranging and receiving information on this transfer.

• I understand and acknowledge the implications and effects of transferring my benefits from my FROM fund to my PortfolioCare eWRAP account.

• I discharge the superannuation provider of my FROM fund of all further liability in respect of the benefits paid and transferred to my PortfolioCare eWRAP account.

• I request and consent to the transfer of superannuation as described above and authorise the superannuation provider of each fund to give effect to this transfer.

Signature

✗Date

Full name


6. THINGS TO CONSIDER WHEN TRANSFERRING YOUR SUPER

When you transfer your super, your entitlements under that fund may cease. You need to consider all relevant information before you make a decision to transfer your super. If you ask for information, your super provider must give it to you. Some of the points you may consider are:

• Fees – your FROM fund must give you information about any exit or withdrawal fees. If you are not aware of the fees that may apply, you should contact your fund for further information before completing this form. The fees could include administration fees as well as exit or withdrawal fess. Your TO fund may also charge entry or deposit fees on transfer.

Differences in fees funds charge can have a significant effect on what you will have to retire on. For example, a 1% increase in fees may significantly reduce your final benefit.

• Death and disability benefits – your FROM fund may insure you against death, illness or an accident which leaves you unable to return to work. If you choose to leave your current fund, you may lose any insurance entitlements you have. Other funds may not offer insurance or may require you to pass a medical examination before they cover you. When considering a new fund, you may wish to check the costs and amount of any cover offered.

• Tax file number (TFN) – you are not obligated to provide your TFN to your super fund. However, if you do not provide your TFN, your fund may be taxed at the highest marginal tax rate plus the Medicare levy on contributions made to your account in the year, compared to the concessional tax rate of 15%. Your fund may deduct this additional tax from your account.

If your super fund does not have your TFN, you will not be able to make personal contributions to your super account. Choosing to quote your TFN will also make it easier to keep track of super in the future.

Under the Superannuation Industry (Supervision) Act 1993, your super fund is authorised to collect your TFN, which will only be used for lawful purposes. These purposes may change in the future as a result of legislative change. The TFN may be disclosed to another super provider when your benefits are being transferred, unless you request in writing that your TFN is not disclosed to any other trustee.

Note: If you choose not to provide your TFN the transferring fund may ask you to prove your identity.

What happens to my future employer contributions?

Using this form to transfer your benefits will not change the fund to which your employer pays your contributions and may close the account you are transferring your benefits FROM. If you wish to change the fund into which your contributions are being paid, you will need to speak to your employer about choice.

Have you changed your name or signing on behalf of another person?

If you have changed your name or are signing on behalf of the applicant, you will need to provide a linking document. A linking document is a document that proves a relationship exists between two (or more) names.

The following table contains information about suitable linking documents.

Purpose Suitable linking documents

Change of name Certified original copy of the marriage certificate, deed poll or change of name certificate from the Births, Deaths and Marriages Registration Office.

Signed on behalf of the applicant Certified original copy of the guardianship papers or Power of Attorney.


PORTFOLIOCARE

TO WHOM IT MAY CONCERNCERTIFICATE OF COMPLIANCE

We certify that:

1. The PortfolioCare Super Service, PortfolioCare Allocated Pension Service, PortfolioCare Term Allocated Pension Service, PortfolioCare eWRAP – Super Account, PortfolioCare eWRAP Allocated Pension Account, PortfolioCare eWRAP Term Allocated Pension Account, PortfolioCare Elements Super Account, PortfolioCare Elements Allocated Pension Account and PortfolioCare Elements Term Allocated Pension Account (each an ‘account’) are all part of the Wealth Personal Superannuation and Pension Fund ABN 92 381 911 598, which is a resident regulated superannuation fund (within the meaning of the Superannuation Industry (Supervision) Act 1999) (SIS), and a complying superannuation fund under Section 45 of that Act – Superannuation Fund Number 3100 919 58 RSE R1071481.

2. The Unique Superannuation Identifier (USI) for PortfolioCare products are as follows: The PortfolioCare Super Service – Personal Account (92381911598010), The PortfolioCare Super Service – Employer Account (92381911598009), PortfolioCare eWRAP – Super Account (92381911598007), PortfolioCare Elements Super Account (92381911598005), The PortfolioCare Allocated Pension Service (92381911598008), PortfolioCare eWRAP Allocated Pension Account (92381911598006), PortfolioCare Elements Allocated Pension Account (92381911598004).

3. The Trustee of the accounts is N.M. Superannuation Proprietary Limited (NM Super) ABN 31 008 428 322 AFS Licence No. 234654.

4. None of the accounts have been directed by the Australian Prudential Regulation Authority to cease accepting contributions under Section 63 of SIS.

Issued by NM Superannuation Proprietary Limited ABN 31 008 428 322, AFSL No. 234654, the trustee of the Wealth Personal Superannuation and Pension Fund ABN 92 381 911 598. Administered by: Asgard Capital Management Limited ABN 92 009 279 592 AFS Licence No. 240695 PortfolioCare, PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000 Phone: 1800 646 234 Email: [email protected]



PORTFOLIOCARE eWRAP – SUPERCHOOSING YOUR SUPER FUNDTelephone: 1800 004 594 Email: [email protected]

You can generally ask your employer to pay your super contributions to the super fund of your choice.

By completing this form you’ll be asking your employer to pay your super contributions to your PortfolioCare eWRAP Super account. Alternatively, you can request your employer to pay your super contributions into your chosen super fund by completing the Standard choice form available from your employer or the ATO (ato.gov.au).

There may be limited circumstances where your employer isn’t required to accept your choice of super fund form, eg if you have already exercised Super Choice in the last 12 months.

EMPLOYEE DETAILS

Name

Employee identification number (if applicable) Tax file number (TFN)

You don’t have to provide your TFN, but if you don’t, your super contributions may be taxed at a higher rate. Your TFN also helps you keep track of your super and allows you to make personal contributions to your super account.

DETAILS OF YOUR CHOSEN SUPER FUND

Australian business number (ABN) of your chosen super fund: 92 381 911 598 Super fund’s name: PortfolioCare eWRAP Super account Unique Superannuation Identifier (USI): 92381911598007

Account number

– –

Account name

Signature

✗Date

Once you’ve completed the form, hand it to your employer. Please don’t send this form to the Tax Office or to PortfolioCare.

HOW TO MAKE SUPER PAYMENTS

Employers can make SuperStream compliant super contributions for employees using the details provided above.

THIS SECTION IS FOR YOUR EMPLOYER TO READ AND TO COMPLETE

Don’t send a copy of this form to us or to the ATO. You must keep a copy for your own records for a period of five years. Provided all fields are completed and this form is signed by your employee, any super contributions you make in the two months after receiving the form can be made either to your nominated super fund (your default fund) or the employee’s new chosen super fund. Super contributions after the two months must be made to the employee’s new chosen super fund.

Date form received Date you act on your employee’s choice

COMPLYING FUND STATEMENT

The Wealth Personal Superannuation and Pension Fund (the Fund) is a complying superannuation fund and is a resident regulated superannuation fund within the meaning of the Superannuation Industry (Supervision) Act 1993 (SIS Act).

The Trustee of the Fund has no reason to believe that the Fund will not comply with the SIS Act and regulations. The Fund is not subject to any direction under section 63 of the SIS Act.

CONTRIBUTION ACCEPTANCE STATEMENT

PortfolioCare eWRAP Super account accepts all super contributions from any employer.

N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFSL 234654 is the Trustee of PortfolioCare eWRAP Super account, which is part of the Wealth Personal Superannuation and Pension Fund ABN 92 381 911 598.


NAT 3092-09.2017

Instructions and form for taxpayers

Tax file number declarationInformation you provide in this declaration will allow your payer to work out how much tax to withhold from payments made to you.

This is not a TFN application form. To apply for a TFN, go to ato.gov.au/tfn

Terms we use

When we say:■■ payer, we mean the business or individual making payments under the pay as you go (PAYG) withholding system

■■ payee, we mean the individual being paid.

Who should complete this form?You should complete this form before you start to receive payments from a new payer – for example:■■ payments for work and services as an employee, company director or office holder

■■ payments under return-to-work schemes, labour hire arrangements or other specified payments

■■ benefit and compensation payments■■ superannuation benefits.

You need to provide all information requested on this form. Providing the wrong information may lead to incorrect amounts of tax being withheld from payments made to you.

You don’t need to complete this form if you:■■ are a beneficiary wanting to provide your tax file number (TFN) to the trustee of a closely held trust. For more information, visit ato.gov.au/trustsandtfnwithholding

■■ are receiving superannuation benefits from a super fund and have been taken to have quoted your TFN to the trustee of the super fund

■■ want to claim the seniors and pensioners tax offset by reducing the amount withheld from payments made to you. You should complete a withholding declaration form (NAT 3093)

■■ want to claim a zone, overseas forces or invalid and invalid carer tax offset by reducing the amount withheld from payments made to you. You should complete a withholding declaration form (NAT 3093).

For more information about your entitlement, visit ato.gov.au/taxoffsets

Section A: To be completed by the payee

Question 1 What is your tax file number (TFN)?You should give your TFN to your employer only after you start work for them. Never give your TFN in a job application or over the internet.

We and your payer are authorised by the Taxation Administration Act 1953 to request your TFN. It’s not an offence not to quote your TFN. However, quoting your TFN reduces the risk of administrative errors and having extra tax withheld. Your payer is required to withhold the top rate of tax from all payments made to you if you do not provide your TFN or claim an exemption from quoting your TFN.

How do you find your TFN?

You can find your TFN on any of the following:■■ your income tax notice of assessment■■ correspondence we send you■■ a payment summary your payer issues to you.

If you have a tax agent, they may also be able to tell you.

If you still can’t find your TFN, you can:■■ phone us on 13 28 61 between 8.00am and 6.00pm, Monday to Friday.

If you phone or visit us, we need to know we are talking to the correct person before discussing your tax affairs. We will ask you for details only you, or your authorised representative, would know.

You don’t have a TFN

If you don’t have a TFN and want to provide a TFN to your payer, you will need to apply for one.

For more information about applying for a TFN, visit ato.gov.au/tfn

You may be able to claim an exemption from quoting your TFN.

Print X in the appropriate box if you:■■ have lodged a TFN application form or made an enquiry to obtain your TFN. You now have 28 days to provide your TFN to your payer, who must withhold at the standard rate during this time. After 28 days, if you haven’t given your TFN to your payer, they will withhold the top rate of tax from future payments

■■ are claiming an exemption from quoting a TFN because you are under 18 years of age and do not earn enough to pay tax, or you are an applicant or recipient of certain pensions, benefits or allowances from the: – Department of Human Services – however, you will need to quote your TFN if you receive a Newstart, Youth or sickness allowance, or an Austudy or parenting payment

– Department of Veterans’ Affairs – a service pension under the Veterans’ Entitlement Act 1986

– Military Rehabilitation and Compensation Commission.

Providing your TFN to your super fund

Your payer must give your TFN to the super fund they pay your contributions to. If your super fund doesn’t have your TFN, you can provide it to them separately. This ensures:■■ your super fund can accept all types of contributions to your accounts

■■ additional tax will not be imposed on contributions as a result of failing to provide your TFN

■■ you can trace different super accounts in your name.

For more information about providing your TFN to your super fund, visit ato.gov.au/supereligibility

Question 2–5Complete with your personal information.

Question 6 On what basis are you paid?Check with your payer if you’re not sure.

Question 7 Are you an Australian resident for tax purposes or a working holiday maker? Generally, we consider you to be an Australian resident for tax purposes if you:■■ have always lived in Australia or you have come to Australia and now live here permanently

■■ are an overseas student doing a course that takes more than six months to complete

■■ migrate to Australia and intend to reside here permanently.

If you go overseas temporarily and don’t set up a permanent home in another country, you may continue to be treated as an Australian resident for tax purposes.

If you are in Australia on a working holiday visa (subclass 417) or a work and holiday visa (subclass 462) you must place an X in the working holiday maker box. Special rates of tax apply for working holiday makers.

For more information about working holiday makers, visit ato.gov.au/whm

If you’re not an Australian resident for tax purposes or a working holiday maker, place an X in the foreign resident box, unless you are in receipt of an Australian Government pension or allowance.

Temporary residence can claim super when leaving Australia, if all requirements are met. For more information, visit ato.gov.au/departaustralia

Foreign resident tax rates are different

A higher rate of tax applies to a foreign resident’s taxable income and foreign residents are not entitled to a tax-free threshold nor can they claim tax offsets to reduce withholding, unless you are in receipt of an Australian Government pension or allowance.

To check your Australian residency status for tax purposes or for more information, visit ato.gov.au/residency

2 Tax file number declaration

Question 8 Do you want to claim the tax‑free threshold from this payer?The tax-free threshold is the amount of income you can earn each financial year that is not taxed. By claiming the threshold, you reduce the amount of tax that is withheld from your pay during the year.

Answer yes if you want to claim the tax-free threshold, you are an Australian resident for tax purposes, and one of the following applies:■■ you are not currently claiming the tax-free threshold from another payer

■■ you are currently claiming the tax-free threshold from another payer and your total income from all sources will be less than the tax-free threshold.

Answer yes if you are a foreign resident in receipt of an Australian Government pension or allowance.

Answer no if none of the above applies or you are a working holiday maker.

If you receive any taxable government payments or allowances, such as Newstart, Youth Allowance or Austudy payment, you are likely to be already claiming the tax‑free threshold from that payment.

For more information about the current tax-free threshold, which payer you should claim it from, or how to vary your withholding rate, visit ato.gov.au/taxfreethreshold

Question 9 (a) Do you have a Higher Education Loan Program (HELP), Student Start‑up Loan (SSL) or Trade Support Loan (TSL) debt?Answer yes if you have a HELP, SSL or TSL debt.

Answer no if you do not have a HELP, SSL or TSL debt, or you have repaid your debt in full.

You have a HELP debt if either:■■ the Australian Government lent you money under HECS-HELP, FEE-HELP, OS-HELP, VET FEE-HELP or SA-HELP.

■■ you have a debt from the previous Higher Education Contribution Scheme (HECS).

You have a SSL debt if you have an ABSTUDY SSL debt.

(b) Do you have a Financial Supplement debt?Answer yes if you have a Financial Supplement debt.

Answer no if you do not have a Financial Supplement debt, or you have repaid your debt in full.

For information about repaying your HELP, SSL, TSL or Financial Supplement debt, visit ato.gov.au/getloaninfo

Have you repaid your HELP, SSL, TSL or Financial Supplement debt?

When you have repaid your HELP, SSL, TSL or Financial Supplement debt, you need to complete a Withholding declaration (NAT 3093) notifying your payer of the change in your circumstances.

Sign and date the declaration

Make sure you have answered all the questions in section A, then sign and date the declaration. Give your completed declaration to your payer to complete section B.

Section B: To be completed by the payer

Important information for payers – see the reverse side of the form.

Lodge online

Payers can lodge TFN declaration reports online if you have software that complies with our specifications.

For more information about lodging the TFN declaration report online, visit ato.gov.au/lodgetfndeclaration

Tax file number declaration 3

© Australian Taxation Office for the Commonwealth of Australia, 2017

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

Published by

Australian Taxation Office Canberra September 2017 JS 39383

Our commitment to you

We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations.

If you follow our information in this publication and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we must still apply the law correctly. If that means you owe us money, we must ask you to pay it but we will not charge you a penalty. Also, if you acted reasonably and in good faith we will not charge you interest.

If you make an honest mistake in trying to follow our information in this publication and you owe us money as a result, we will not charge you a penalty. However, we will ask you to pay the money, and we may also charge you interest. If correcting the mistake means we owe you money, we will pay it to you. We will also pay you any interest you are entitled to.

If you feel that this publication does not fully cover your circumstances, or you are unsure how it applies to you, you can seek further assistance from us.

We regularly revise our publications to take account of any changes to the law, so make sure that you have the latest information. If you are unsure, you can check for more recent information on our website at ato.gov.au or contact us.

This publication was current at September 2017.

More information

Internet■■ For general information about TFNs, tax and super in Australia, including how to deal with us online, visit our website at ato.gov.au

■■ For information about applying for a TFN on the web, visit our website at ato.gov.au/tfn

■■ For information about your super, visit our website at ato.gov.au/checkyoursuper

Useful productsIn addition to this TFN declaration, you may also need to complete and give your payer the following forms which you can download from our website at ato.gov.au:■■ Medicare levy variation declaration (NAT 0929), if you qualify for a reduced rate of Medicare levy or are liable for the Medicare levy surcharge. You can vary the amount your payer withholds from your payments.

■■ Standard choice form (NAT 13080) to choose a super fund for your employer to pay super contributions to. You can find information about your current super accounts and transfer any unnecessary super accounts through myGov after you have linked to the ATO. Temporary residents should visit ato.gov.au/departaustralia for more information about super.

Other forms and publications are also available from our website at ato.gov.au/onlineordering or by phoning 1300 720 092.

Phone■■ Payee – for more information, phone 13 28 61 between 8.00am and 6.00pm, Monday to Friday. If you want to vary your rate of withholding, phone 1300 360 221 between 8.00am and 6.00pm, Monday to Friday.

■■ Payer – for more information, phone 13 28 66 between 8.00am and 6.00pm, Monday to Friday.

If you phone, we need to know we’re talking to the right person before we can discuss your tax affairs. We’ll ask for details only you, or someone you’ve authorised, would know. An authorised contact is someone you’ve previously told us can act on your behalf.

If you do not speak English well and need help from the ATO, phone the Translating and Interpreting Service on 13 14 50.

If you are deaf, or have a hearing or speech impairment, phone the ATO through the National Relay Service (NRS) on the numbers listed below:■■ TTY users – phone 13 36 77 and ask for the ATO number you need (if you are calling from overseas, phone +61 7 3815 7799)

■■ Speak and Listen (speech-to-speech relay) users – phone 1300 555 727 and ask for the ATO number you need (if you are calling from overseas, phone +61 7 3815 8000)

■■ Internet relay users – connect to the NRS on relayservice.gov.au and ask for the ATO number you need.

If you would like further information about the National Relay Service, phone 1800 555 660 or email [email protected]

Privacy of informationTaxation law authorises the ATO to collect information and to disclose it to other government agencies. For information about your privacy, go to ato.gov.au/privacy

4 Tax file number declaration

5 What is your primary e-mail address?

4 What is your business address?

Suburb/town/locality

State/territory Postcode

There are penalties for deliberately making a false or misleading statement.

Signature of payerDECLARATION by payer: I declare that the information I have given is true and correct.

Month YearDayDate

2 If you don’t have an ABN or withholding payer number, have you applied for one? Yes No

Section B: To be completed by the PAYER (if you are not lodging online)Branch number (if applicable)

1 What is your Australian business number (ABN) or withholding payer number?

6 Who is your contact person?

Business phone number

7 If you no longer make payments to this payee, print X in this box.

Return the completed original ATO copy to: Australian Taxation Office PO Box 9004 PENRITH NSW 2740

IMPORTANT

See next page for:■■ payer obligations■■ lodging online.

ato.gov.au

This declaration is NOT an application for a tax file number.■■Use a black or blue pen and print clearly in BLOCK LETTERS.■■Print X in the appropriate boxes.■■Read all the instructions including the privacy statement before you complete this declaration.

Tax file number declaration

Once section A is completed and signed, give it to your payer to complete section B.

NAT 3092-09.2017 [JS 39383]

Section A: To be completed by the PAYEE

6 On what basis are you paid? (select only one)Full‑time

employmentPart‑time

employmentCasual

employmentSuperannuation

or annuity income stream

Labour hire

8 Do you want to claim the tax-free threshold from this payer?

Answer no here if you are a foreign resident or working holiday maker, except if you are a foreign resident in receipt of an Australian Government pension or allowance.

NoYes

Only claim the tax‑free threshold from one payer at a time, unless your total income from all sources for the financial year will be less than the tax‑free threshold.

There are penalties for deliberately making a false or misleading statement.

You MUST SIGN here

Signature

Month YearDayDate

DECLARATION by payee: I declare that the information I have given is true and correct.

9 (a) Do you have a Higher Education Loan Program (HELP), Student Start-up Loan (SSL) or Trade Support Loan (TSL) debt?

(b) Do you have a Financial Supplement debt?

Your payer will withhold additional amounts to cover any compulsory repayment that may be raised on your notice of assessment.Yes No

NoYour payer will withhold additional amounts to cover any compulsory repayment that may be raised on your notice of assessment.Yes

OR I have made a separate application/enquiry to the ATO for a new or existing TFN. For more

information, see question 1 on page 2 of the instructions.

OR I am claiming an exemption because I am under 18 years of age and do not earn enough to pay tax.

OR I am claiming an exemption because I am in receipt of a pension, benefit or allowance.

1 What is your tax file number (TFN)?

2 What is your name? Title: Mr Mrs Miss Ms

Surname or family name

First given name

Other given names

4 If you have changed your name since you last dealt with the ATO, provide your previous family name.

5 What is your date of birth?

Month YearDay

3 What is your home address in Australia?

Suburb/town/locality

State/territory Postcode

Sensitive (when completed)30920917

3 What is your legal name or registered business name (or your individual name if not in business)?

An Australian resident for tax purposes

A foreign resident for tax purposes

A working holiday maker

7 Are you: (select only one)

OR

Print form Save form Reset form

9 2 3 8 1 9 1 1 5 9 8

W e a l t h P e r s o n a l

S u p e r a n n u a t i o n a n d

P e n s i o n F u n d

Payer informationThe following information will help you comply with your pay as you go (PAYG) withholding obligations.

Is your employee entitled to work in Australia?

It is a criminal offence to knowingly or recklessly allow someone to work, or to refer someone for work, where that person is from overseas and is either in Australia illegally or is working in breach of their visa conditions.

People or companies convicted of these offences may face fines and/or imprisonment. To avoid penalties, ensure your prospective employee has a valid visa to work in Australia before you employ them. For more information and to check a visa holder’s status online, visit the Department of Immigration and Border Protection website at border.gov.au

Is your payee working under a working holiday visa (subclass 417) or a work and holiday visa (subclass 462)?Employers of workers under these two types of visa need to register with the ATO, see ato.gov.au/whmreg

For the tax table “working holiday maker” visit our website at ato.gov.au/taxtables

Payer obligationsIf you withhold amounts from payments, or are likely to withhold amounts, the payee may give you this form with section A completed. A TFN declaration applies to payments made after the declaration is provided to you. The information provided on this form is used to determine the amount of tax to be withheld from payments based on the PAYG withholding tax tables we publish. If the payee gives you another declaration, it overrides any previous declarations.

Has your payee advised you that they have applied for a TFN, or enquired about their existing TFN?Where the payee indicates at question 1 on this form that they have applied for an individual TFN, or enquired about their existing TFN, they have 28 days to give you their TFN. You must withhold tax for 28 days at the standard rate according to the PAYG withholding tax tables. After 28 days, if the payee has not given you their TFN, you must then withhold the top rate of tax from future payments, unless we tell you not to.

If your payee has not given you a completed form you must:■■ notify us within 14 days of the start of the withholding obligation by completing as much of the payee section of the form as you can. Print ‘PAYER’ in the payee declaration and lodge the form – see ‘Lodging the form’.

■■ withhold the top rate of tax from any payment to that payee.

For a full list of tax tables, visit our website at ato.gov.au/taxtables

Lodging the formYou need to lodge TFN declarations with us within 14 days after the form is either signed by the payee or completed by you (if not provided by the payee). You need to retain a copy of the form for your records. For information about storage and disposal, see below.

You may lodge the information:■■ online – lodge your TFN declaration reports using software that complies with our specifications. There is no need to complete section B of each form as the payer information is supplied by your software.

■■ by paper – complete section B and send the original to us within 14 days.

For more information about lodging your TFN declaration report online, visit our website at ato.gov.au/lodgetfndeclaration

Provision of payee’s TFN to the payee’s super fundIf you make a super contribution for your payee, you need to give your payee’s TFN to their super fund on the day of contribution, or if the payee has not yet quoted their TFN, within 14 days of receiving this form from your payee.

Storing and disposing of TFN declarationsThe TFN Rule issued under the Privacy Act 1988 requires a TFN recipient to use secure methods when storing and disposing of TFN information. You may store a paper copy of the signed form or electronic files of scanned forms. Scanned forms must be clear and not altered in any way.

If a payee:■■ submits a new TFN declaration (NAT 3092), you must retain a copy of the earlier form for the current and following financial year.

■■ has not received payments from you for 12 months, you must retain a copy of the last completed form for the current and following financial year.

Penalties

You may incur a penalty if you do not:■■ lodge TFN declarations with us ■■ keep a copy of completed TFN declarations for your records

■■ provide the payee’s TFN to their super fund where the payee quoted their TFN to you.


DIRECT DEBIT REQUEST

SERVICE AGREEMENTAsgard Capital Management Ltd ABN 92 009 279 592 (‘we’ or ‘us’), User ID: 057509 Level 38, Central Park, 152 St George’s Terrace, PERTH WA 6000.

You have entered or are about to enter into an arrangement under which you make payments to us. You want to make those payments by use of the Direct Debit System (DDS).

This agreement sets out the terms on which we accept and act under a Direct Debit Request (DDR) you give us to debit amounts from your account under the DDS. It is additional to the arrangement under which you make payments to us.

Ensure that you keep a copy of this agreement as it sets out certain rights you have against us and certain obligations you have to us due to giving us your DDR.

WHEN WE ARE BOUND BY THIS AGREEMENT1. We agree to be bound by this agreement when we

receive your DDR complete with the particulars we need to draw an amount under it.

WHAT WE AGREE TO AND WHAT WE CAN DO2. We only draw money out of your account in

accordance with the terms of your DDR.

3. We do not give you a statement of the amounts we draw under your DDR.

4. On giving you at least 14 days’ notice, we may: change our procedures in this agreement; change the terms of your DDR; or cancel your DDR.

5. You may ask us to: alter the terms of the DDR; defer a payment to be made under your DDR; stop a drawing under your DDR; or cancel your DDR by emailing [email protected] or writing to the Customer Relations team, PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000 or any pro-rata pension payments legally required to be made.

6. You can dispute any amount we draw under your DDR by calling the Customer Relations team on 1800 646 234; or emailing [email protected] or writing to the Customer Relations team, PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000.

7. We deal with any disputes under Clause 6 of this agreement as follows. We and our bank review our respective records. If necessary we contact your financial institution to review its records. We advise you and your financial adviser in writing within two to four weeks, depending on the nature and extent of the dispute, and the measures taken to resolve it.

8. If the day on which you must make any payments to us is not a business day, we will draw on your account under your DDR on the first business day following that day.

9. If your financial institution rejects any of our attempts to draw an amount in accordance with your DDR, we contact you and your financial adviser in writing. After three consecutive rejections we advise you and your financial adviser in writing that you can no longer make payments by direct debit. Should we purchase managed investments on your behalf with the proceeds of the DDR, and your financial institution does not honour the DDR, managed investments may have to be sold. We cannot be held responsible for the effect of this buying and selling.

10. We will not disclose to any person any information you give us on your DDR, which is not generally available, unless: you dispute any amount we draw under your DDR and we need to disclose any information relating to your DDR or to any amount we draw under it to the financial institution at which your account is held or the financial institution which sponsors our use of the DDS or both of them; you consent to that disclosure; or we are required to disclose that information by law.

WHAT YOU SHOULD CONSIDER11. Not all accounts held with a financial institution are

available to be drawn on under the DDS.

12. Before you complete your DDR, it is best to check account details against a recent statement from your financial institution to ensure the details on your DDR are completed correctly.

13. If you are uncertain when your financial institution processes an amount we draw under your DDR on a day, which is not a business day, enquire with your financial institution.

14. It is your responsibility to ensure there are sufficient cleared funds available in your account, by the due date on which we draw any amount under your DDR, to enable us to obtain payment in accordance with your DDR.

15. We request you to direct all requests to stop or cancel your DDR to us initially and all enquiries relating to any dispute under Clause 6 of this agreement to us initially or your financial institution.


DIRECT DEBIT REQUEST

Complete this form in BLOCK LETTERS (using black ink) and post it to: PortfolioCare, PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000

Questions? Call the Customer Relations team on 1800 646 234.

Note: Privacy laws protect your privacy. Please read our privacy policy for more information. A copy can be obtained from our website at amp.com.au.

1. ACCOUNT DETAILS

Account type (tick one only)

Super Pension

Account number (if known)

– –

Account name

2. AUSTRALIAN FINANCIAL INSTITUTION ACCOUNT DETAILS

Provide details of the account which is to be debited:

Bank account holder name


–

Name of financial institution

Branch address

State PostcodeNote: • Direct debiting is not available on the full range of accounts. If in doubt, please refer to your financial institution. • You can only have one direct debit request for each PortfolioCare account.


3. DECLARATION AND SIGNATURE

I/We: • request Asgard Capital Management Ltd ABN 92 009 279 592 (Asgard), until further notice in writing, to debit my/our

account described in section 2, with any amounts which Asgard (User ID number 016103) may debit or charge me/us through the Bulk Electronic Clearing System (BECS)

• understand and acknowledge that Asgard may, by prior arrangement and advice to me/us, vary the amount or frequency of future debits

• agree to the terms of the Direct Debit Request Service Agreement in the PortfolioCare eWRAP – Investment Financial Services Guide.

Authorised signatories on the financial institution account specified in section 2 sign here. (If the method of operation is ‘2 to sign’ then both signatories need to sign this form.)

Signature 1

✗Date

Full name

Signature 2 (if applicable)

✗Date

Full name




BINDING DEATH BENEFIT NOMINATION

Please complete this form if you have selected a binding death benefit nomination in the Application form. You should also read the How will the benefit be paid upon death? section in the PDS before completing this form.

Complete this form in BLOCK LETTERS using black ink and post it to PortfolioCare PO Box 7229, PERTH, CLOISTERS SQUARE WA 6000

Questions? Call the Customer Relations team on 1800 646 234 or email [email protected]

We cannot accept photocopies or faxes of this form and any amendments must be initialled.

Note: Privacy laws protect your privacy. Read our privacy policy for more information. A copy can be obtained from our website at amp.com.au

INFORMATION ON COMPLETING THIS FORM

Unless you revoke a binding death benefit nomination, it will remain valid for a period of 3 years from the date you first signed it, or last confirmed or amended it. If a binding death benefit nomination ceases to be valid it will not be binding on the Trustee and the Trustee will have a discretion to determine to whom your death benefit is paid, although the nomination will be taken into account.

You can change or revoke your nomination at any time.

You can only nominate an ‘eligible dependant(s)’ and/or your estate. An eligible dependant includes:

1. Your spouse (including a person who, although not legally married to you, lives with you on a genuine domestic basis as a couple or in a relationship that is registered under a prescribed State/Territory government relationship register, as the case my be),

2. Your child (including an adopted child, a step child or ex-nuptial child including adult children whether or not financially dependent on you),

3. Anyone with whom you have an interdependency relationship at the time of your death – refer to the AIB for more information.

4. Any other person financially dependent on you at the time of your death.

An assessment of whether a person is an eligible dependant is made at the time your death is notified to the trustee.

Your death benefit nomination should be reviewed and amended, if necessary, whenever your circumstances change. These circumstances may include divorce, marriage, the birth of additional children, the death of a nominated beneficiary and other changes in your personal circumstances. If in doubt, contact your financial adviser.

CHECKLIST

What you should check before submitting this form:

Ensure that the form has been signed by two witnesses.

Ensure that the nominated beneficiaries have not signed as witnesses.

Ensure that you and the witnesses have signed and dated the form at the same time.

Make sure that your nominated allocation of benefits total 100%.

1. ACCOUNT DETAILS

Account type (tick one only)

Super Pension

Note: if this nomination is for an existing account you must provide the account number.

Existing account number (if known)

– –

Account name



In the event of my death, I direct the Trustee to pay my death benefit as follows:

Note: You can nominate up to five beneficiaries, including your estate. Please use whole figures when specifying the ‘% of benefit’:

• Your total nomination must equal 100%

• Your request will be invalid if the total nomination (% of benefit) does not equal 100%.


Estate %

AND/OR

Dependant 1

Full name

Relationship (please select only one option) Spouse Child Interdependency relationship Financial dependant

%

Dependant 2

Full name


%

Dependant 3

Full name


%

Dependant 4

Full name


%



3. DECLARATION OF BINDING DEATH BENEFIT NOMINATION

Do not sign this declaration unless in the presence of two witnesses who must also sign and date this nomination at the same time. A nominated dependant cannot be a witness.

I have read the information in the ‘types of beneficiary nominations’ section of the Product Disclosure Statement and understand that:

• In the event of my death, the Trustee will pay the death benefit in accordance with this nomination

• Unless I revoke or amend it before it expires, this nomination will cease to be valid in three years time

• This nomination revokes any previous nomination that I may have made

• I declare that at the date of this application I have answered all questions accurately

• I am aware that if I do not make a valid binding nomination, the Trustee has the right to select the person or persons to whom to pay the benefit in the event of my death. I ask that the Trustee consider the preferred dependant(s) mentioned above when making a selection

• I acknowledge that a binding nomination is not valid unless completed to the satisfaction of the Trustee and received at the Customer Relations team before the death of the member.

Signature

✗Date

4. WITNESSES’ DECLARATION

We declare that:

• We are 18 years old or over and we are not nominated beneficiaries for this account.

• This nomination was signed by the account holder in our presence.

Witness 1: Full name

Signature

✗Date

Note: Please ensure that all three dates are the same, otherwise the Binding Nomination will be invalid.

Witness 2: Full name

Signature

✗Date

Note: Please ensure that all three dates are the same, otherwise the Binding Nomination will be invalid.




CUSTOMER RELATIONS TEAM 1800 004 594

Administrator

Asgard Capital Management Ltd ABN 92 009 279 592 AFSL No. 240695

Trustee

N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFS Licence No. 234654

Correspondence and Enquiries

PortfolioCare PO Box 7229 PERTH, CLOISTERS SQUARE WA 6000 N

S813

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